WEBVTT

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(machinery drilling)

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- [Student] And when I asked
the people in Financial Aid

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for help, they laughed.

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The guy actually laughed.

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He couldn\'t believe that
anyone would have trouble

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raising such a small
amount, so I was desperate.

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- [Male Speaker] It\'s
a feeling people had.

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Things seemed to be
spinning out of control

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since the \'90s.

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Prices spiked up for college tuition,

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homes, apartments, and health care.

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People were desperate to keep up.

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- [Man] For the last three
months, I\'ve been homeless,

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sleeping wherever I find shelter.

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- [Male Speaker] Looking
around the Village,

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some things look normal and some things

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have gone underground.
- It was a hard choice

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and I wasn\'t the only
one who had to make it.

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When I finally got the
nerve to tell my roommates

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I was doing it, they both told me

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they had been doing it, too.

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- [Roger] I couldn\'t get any NYU students

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to appear on camera.

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I can\'t blame them.

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I went back to the \'90s,
when all this started

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with the high tuition and high rents,

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and a lot of brave college students

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had a difficult choice to make.

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- [Woman] In order to pay my rent

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and to pay my way through school,

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I had to be a stripper,
I had to be dominatrix,

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I had to be an orgy organizer,

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I had to be a swing party participator,

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I had to be a drug dealer,
and I had to be a whore.

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- [Male Student] I live
on two to $5 a day.

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Being so hungry while
you\'re trying to work

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two jobs to pay your
rent and still keep up

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with your coursework is
practically impossible.

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- Hello?

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Hi!

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How can I help you?

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No, this isn\'t she.

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No, this is for Dora.

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Well, my friends call me Fefe,

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so you can call me Fefe, too.

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Okay, bye-bye now.

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These are the kinds of tricks I pulled

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just to get myself through college.

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- [Narrator] Edward Gibbons wrote

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Decline and Fall of the Roman Empire

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in the late 18th century.

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It was the definitive book on the collapse

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of an empire very similar to ours.

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By the time Rome was
busy defending its empire

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on the frontiers and
fighting the Germanic tribes,

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the treasury had been depleted,

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the people were reduced
to bread and circuses

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to keep them entertained and diverted

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while their economy was imploding

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and they were socially imploding.

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(solemn music)

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- [Male Speaker] They
said there\'s some trouble

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in the Village.

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I came down by cab and checked it out.

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You came to the Village
because you were looking

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to fit in because everyone was different.

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You were an artist, you were gay.

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God forbid, you were straight.

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People came to the Village
because it was different.

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They\'re trying to change the character

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of the Village, trying to make it

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a hipster, suburban mall version

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of what was once a great village

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of artists and working-class families.

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It\'s enough to make a Villager puke.

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(solemn music)

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Starbucks, it tried to blend in,

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but everyone knows it\'s
not the real thing.

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(solemn music)

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They took away a great community hospital

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that was here 161 years

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and left a token Band-Aid
emergency center.

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If you come in with anything more serious

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than a bruise or a cut,

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they send you to a real
hospital miles away.

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Oh yeah, they sold the great St. Vincent\'s

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to a real estate company for $260 million.

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I was going to interview
a community organizer

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for the endangered mom-and-pop
shops in the Village.

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He lived on Greenwich Avenue,

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right near where St. Vincent\'s used to be.

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He canceled the interview
\'cause his wife had a stroke.

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Apparently they had to go
to some hospital miles away.

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She died, so this is serious.

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They took away all the great bookstores,

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Brentano\'s, 8th Street Bookstore,

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ad replaced them with banks.

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The bookstores used to be packed.

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I never see anyone in these banks.

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Who\'s got any money now anyway?

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All the great clubs and theaters left

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because they couldn\'t afford the rents,

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so they moved in the fast food joints

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you see all over the world.

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Instead of a cappuccino at Cafe Borgia

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or Cafe Figaro, you get something

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like a Frappuccino.

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They move in these chain drugstores.

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You can buy junk food,
energy drinks, and drugs.

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Everything you buy there could kill you.

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Imagine those great clubs

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like The Village Gate replaced by a CVS.

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That\'s where the Cafe Au Go Go used to be,

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home to Lenny Bruce and many others.

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Now it\'s a retail opportunity.

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And remember the great
New York University?

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Now Villagers call it Abu Dhabi West.

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Some say NYU\'s a real estate company.

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(solemn music)

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I saw the changes all around us,

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and I felt that something was being lost.

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(solemn music)

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But now it\'s happening fast,

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and the people are rebelling

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against the evil empire.

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(piano music)

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- That\'s been dubbed the Sexton Plan.

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Basically, a vision of
four huge, new structures

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erected tightly together on these two

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so-called superblocks between Houston,

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Third, Mercer, and LaGuardia.

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The first of these four buildings

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is supposed to go on the site

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of this facility, Coles Sports Center,

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and it will be a million
square foot agglomeration

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of classrooms, dormitories,
a faculty apartment building,

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including, I think, 90
units, retail outlets,

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a new gym, and so on.

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It\'s estimated to take
between four and six years

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and cost somewhere over a billion dollars.

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The entire plan, all four buildings,

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which were, at first, projected
to be completed by 2031

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is predicted to cost, by NYU\'s
own admission, $6 billion,

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which\'ll be $6 billion in new debt

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would effectively
destroy part of the heart

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of Greenwich Village, which is renowned

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for its low-rise architecture

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and distinctive quasi-bohemian flavor.

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You\'d have a kind of
faceless architecture,

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gigantic, towering buildings,

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untold ecological damage.

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The fact is that this one little drama

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of the disappearing gem

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is just a way into a much larger story

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that\'s far more troubling and important.

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(percussive music)

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- Welcome to NYU.

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I\'m John Sexton.

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I\'ve been here since 1981,
and I love the place.

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- Say we\'re not afraid.

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Go back and send the message up there

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to the 12th floor.

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Go back and tell them

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that we are going to
disrupt this university

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until we get what we want,

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and we will not stop fighting for justice.

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- Faculty and student uprising
at New York University

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is a remarkable event without precedent

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in American higher education
in the last half-century.

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- By coming here, you join a tradition

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of young scholars who have
gone on to change the world.

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- I applaud the organizers of this rally

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and their allies around
the city and the country.

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It is high time that members of faculty,

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especially the tenured faculty,

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join against the corporate takeover

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of American higher
education by a small cadre

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of grotesquely
overcompensated administrators

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and their accomplices on
boards of trustees, right?

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- Nobel Laureates, Pulitzer Prize

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winners, MacArthur geniuses.

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(crowd applauds)

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- We must return American higher education

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to the core values of shared governance,

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equal access irrespective of wealth

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and liberal education

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for the sake of democratic citizenship.

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- Oscars, Grammys, Tonys,
Emmys, you name the prize,

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our alumni have won it.

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It\'s a heck of a crowd.
- We must treat students

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like students, not ATM machines.

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- Yeah!
(crowd applauds and cheers)

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We must treat instructors
like valued professionals,

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not itinerate laborers.

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(audience cheers and applauds)

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No one should be getting rich

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by working at a university,

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and no one should be made
poor by going to one.

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The neighborhood\'s opposition to a project

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that would extinguish everything

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that makes Greenwich
Village special and unique,

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everything that NYU
itself uses to advertise

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the university on its own website,

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they\'re gonna turn Greenwich Village

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into a little version of Abu Dhabi, right,

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or Dubai, right?

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- [John] NYU students are
renowned for their unique

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sense of style, and with our
network of global campuses

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and study away sites around the world,

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you\'ll have an opportunity
to let your freak flag fly

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on six different continents.

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- Okay, now these are the arguments.

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The arguments were all ignored

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time, and time, and time again,

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what faculty have asked for,

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what students have asked for here.

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If it goes against the
wishes of NYU\'s board

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and administration, it\'s ignored.

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This is what always happens.

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- [John] You\'re in
Greenwich Village, kids.

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Go join a drum circle in
Washington Square Park.

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- And the graduates of
NYU carry a debt burden

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40% above the national average as it is.

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It was academically without any rationale.

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There is no need for this expansion.

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It is a real estate deal,
pure and simple, right?

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And the arguments against
it were financial arguments,

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they were academic arguments,

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they were perfectly reasonable arguments.

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- But before you get started

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on your own path to greatness,

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I\'m gonna offer you an
insider\'s view of NYU,

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the kind of stuff they didn\'t tell you

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on the campus tour.

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- [Woman] By the time I started working

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as a dominatrix, I had less
than two weeks to make rent.

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I made the money in two days.

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I was doing well, but I
couldn\'t stay at the den.

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Friends and strangers alike
asked too many questions

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about what I was doing,

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why there were bruises
on my arms and my legs.

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- NYU has more Sugar Babies
than any other school,

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and it\'s partially because

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there is an outrageous enrollment fee.

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- [Woman] I started to work
at a tantra house instead,

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where they charged higher
fees, had less competition,

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and wouldn\'t leave marks on my body.

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The men who visited me there
were typically over 30,

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married, and involved in business.

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They were strangely unafraid
to talk about themselves

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or heir personal lives.

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Perhaps they thought I was trustworthy

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or maybe they thought I was too afraid

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to talk about what I knew,

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lest I admit to the
things that I was doing.

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- Currently we have over

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5 million members on
SeekingArrangement.com.

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There are 3.8 million Sugar Babies

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and about 1.4 million
of those Sugar Babies

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are actually in college,

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they\'re enrolled in college
and we find that out

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through their profiles.
- But I\'m not afraid,

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at least not anymore.

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I learned at the Dominatrix Den

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and at the Tantra House
almost every single girl

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who worked there was a student struggling

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to pay for school or to pay off

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her crippling student loans.

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Some were Sarah Lawrence
girls, some went to CUNY

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or Cooper Union, but the vast majority

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go to or went to NYU.

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- We saw a huge increase
in college students

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in the years that we
were growing the most,

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back in 2012, 2013, and we
realized that these women

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are paying for their college tuition

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and their college expenses
with money from Sugar Daddies.

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And it\'s really not uncommon for a man

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to want to find a woman who\'s young,

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who\'s ambitious, who\'s in college

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who he can mentor, who he can help.

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And I think that the women on the site

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saw that as a Cinderella story.,

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and there\'s really
nothing wrong with wanting

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to live that fairytale,
and a lot of them are.

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They\'re going out and finding it.

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- My story is a common one,

00:14:13.550 --> 00:14:15.640
and that is why I need to tell it.

00:14:15.640 --> 00:14:18.620
Student prostitution is not a rarity

00:14:18.620 --> 00:14:20.870
or an outlier to be dismissed.

00:14:20.870 --> 00:14:23.740
Many of you know someone who
has worked as a dominatrix,

00:14:23.740 --> 00:14:26.560
a masseuse, a stripper, or as an escort.

00:14:26.560 --> 00:14:29.752
If you don\'t, you know someone who does.

00:14:29.752 --> 00:14:31.373
It is an epidemic.

00:14:31.373 --> 00:14:33.220
We came to these universities

00:14:33.220 --> 00:14:35.931
to better ourselves to
work for a better life.

00:14:35.931 --> 00:14:37.593
No girl should have to sell herself

00:14:37.593 --> 00:14:40.380
to make that better life a reality.

00:14:40.380 --> 00:14:42.530
- Yeah, so the average
Sugar Daddy is spending

00:14:42.530 --> 00:14:45.723
an average of $3,000 a
month on his Sugar Baby.

00:14:45.723 --> 00:14:50.624
That can be tuition, rent,
car, cash gifts, allowances.

00:14:50.624 --> 00:14:53.263
Whatever it is, that\'s about the average.

00:14:54.796 --> 00:14:57.120
- I did it because I believed

00:14:57.120 --> 00:14:58.550
I had earned my place here.

00:14:58.550 --> 00:15:01.350
I did it because I refused to believe

00:15:01.350 --> 00:15:03.450
that my family\'s socioeconomic status

00:15:03.450 --> 00:15:04.500
should prevent me from getting

00:15:04.500 --> 00:15:06.550
the best education I could.

00:15:06.550 --> 00:15:08.441
I did it because I believed
that if I worked hard enough,

00:15:08.441 --> 00:15:11.440
I could make it through, and
I did it because I thought

00:15:11.440 --> 00:15:13.874
that in the end, maybe
one day I could forget,

00:15:13.874 --> 00:15:16.860
but I was one of the lucky ones.

00:15:16.860 --> 00:15:19.040
At the start of the summer,
I had made enough money

00:15:19.040 --> 00:15:20.370
to walk away from sex work,

00:15:20.370 --> 00:15:21.910
at least for a few months.

00:15:21.910 --> 00:15:24.030
- So, the average arrangement lasts

00:15:24.030 --> 00:15:26.380
between six months to two years.

00:15:26.380 --> 00:15:28.050
I would say about 10% of them

00:15:28.050 --> 00:15:31.200
do go on to be relationships
that end in marriage

00:15:31.200 --> 00:15:34.310
or end in a 10-year arrangement,

00:15:34.310 --> 00:15:35.983
something that\'s really long term.

00:15:37.793 --> 00:15:38.626
- Now school is starting again

00:15:38.626 --> 00:15:41.010
and the process of looking for a well paid

00:15:41.010 --> 00:15:43.380
part-time job starts all over.

00:15:43.380 --> 00:15:46.810
I am lucky, I\'m out, but I\'m afraid

00:15:46.810 --> 00:15:47.840
that if things don\'t go well,

00:15:47.840 --> 00:15:49.123
I might have to go back.

00:15:50.130 --> 00:15:52.233
To some members of the
administration of NYU,

00:15:52.233 --> 00:15:54.120
I am another one of he faceless,

00:15:54.120 --> 00:15:56.310
nameless students paying
for their summer homes

00:15:56.310 --> 00:15:58.810
and expansion projects,
unaware that the money

00:15:58.810 --> 00:16:00.970
they\'ve taken from me
and countless other girls

00:16:00.970 --> 00:16:02.673
has been earned from prostitution.

00:16:04.130 --> 00:16:06.000
- There is definitely
romance in these type

00:16:06.000 --> 00:16:07.630
of relationships, and I think

00:16:07.630 --> 00:16:08.980
that\'s where the intimacy comes in.

00:16:08.980 --> 00:16:10.010
If there\'s not romance,

00:16:10.010 --> 00:16:11.400
there\'s not gonna be intimacy.

00:16:11.400 --> 00:16:13.560
It\'s so that is always aspired to,

00:16:13.560 --> 00:16:15.310
so I think these relationships do consist

00:16:15.310 --> 00:16:16.824
of lots of intimacy and lots of romance.

00:16:16.824 --> 00:16:18.820
And it\'s not all lost,

00:16:18.820 --> 00:16:22.190
and it\'s actually
heightened because these men

00:16:22.190 --> 00:16:24.260
are chivalrous, they\'re gentlemen.

00:16:24.260 --> 00:16:25.740
They\'re looking to provide something more

00:16:25.740 --> 00:16:27.150
for their woman, and in turn,

00:16:27.150 --> 00:16:29.080
she\'s gonna turn head over heels

00:16:29.080 --> 00:16:30.720
in love with the way he treats her.

00:16:30.720 --> 00:16:34.388
And I think that that adds
an element of romance.

00:16:34.388 --> 00:16:36.530
- There are students here who work two,

00:16:36.530 --> 00:16:39.320
sometimes three jobs just to get by.

00:16:39.320 --> 00:16:41.580
There are students here who
sleep in the lower levels

00:16:41.580 --> 00:16:43.760
of boats because they
have nowhere else to go,

00:16:43.760 --> 00:16:46.097
ad there are those of us like myself

00:16:46.097 --> 00:16:48.420
who have turned to Backpages,

00:16:48.420 --> 00:16:50.410
Craigslist, and SeekingArrangements

00:16:50.410 --> 00:16:53.351
because we felt that we
were running out of options.

00:16:53.351 --> 00:16:55.710
Before I became a prostitute,

00:16:55.710 --> 00:16:57.100
I was an accomplished student.

00:16:57.100 --> 00:17:00.350
I had perfect grades, and at the end

00:17:00.350 --> 00:17:01.740
of my first semester at NYU,

00:17:01.740 --> 00:17:05.146
I had been used as a poster
child by the university.

00:17:05.146 --> 00:17:07.780
I have been asked to attend several events

00:17:07.780 --> 00:17:10.770
with John Sexton,
encouraging alumni to donate

00:17:10.770 --> 00:17:12.252
to one cause or another.

00:17:12.252 --> 00:17:14.800
When my only parent was
injured and therefore,

00:17:14.800 --> 00:17:17.780
unable to work, my
professors rallied behind me

00:17:17.780 --> 00:17:19.740
and wrote to the
administration on my behalf,

00:17:19.740 --> 00:17:21.500
asking for support.

00:17:21.500 --> 00:17:22.967
They were ignored.

00:17:22.967 --> 00:17:25.470
- Also, a lot of people
are quick to assume

00:17:25.470 --> 00:17:28.010
that a financial exchange
or a financial incentive

00:17:28.010 --> 00:17:29.600
would discount the relationship.

00:17:29.600 --> 00:17:31.930
Well, isn\'t she only in it for the money?

00:17:31.930 --> 00:17:33.420
No, that\'s actually not.

00:17:33.420 --> 00:17:35.250
It actually adds to the relationship,

00:17:35.250 --> 00:17:36.960
and this woman is seeing
the man as someone

00:17:36.960 --> 00:17:39.060
who can provide for her,
who, should she ever

00:17:39.060 --> 00:17:41.429
get pregnant could provide
for her and her child.

00:17:41.429 --> 00:17:44.810
I think that there\'s
really a lot going on here,

00:17:44.810 --> 00:17:47.689
a lot more than you\'re discounting it.

00:17:47.689 --> 00:17:49.550
- So, I did my best to find jobs

00:17:49.550 --> 00:17:50.383
that could support me

00:17:50.383 --> 00:17:52.060
while I finished my degree,

00:17:52.060 --> 00:17:54.534
but nothing could pay
for both school and rent.

00:17:54.534 --> 00:17:56.404
I became desperate.

00:17:56.404 --> 00:17:59.550
I started responding to ads on Craigslist

00:17:59.550 --> 00:18:03.390
promising hourly payments from $80 to 110.

00:18:03.390 --> 00:18:06.427
I tried to transfer, but
no university I applied to

00:18:06.427 --> 00:18:08.540
whether they were public or private

00:18:08.540 --> 00:18:10.840
would take NYU\'s credits.

00:18:10.840 --> 00:18:12.600
I couldn\'t just take time off or leave

00:18:12.600 --> 00:18:14.400
since I would still have to somehow pay

00:18:14.400 --> 00:18:16.993
for $20,000 worth of loans.

00:18:16.993 --> 00:18:19.734
I had exhausted all other resources.

00:18:19.734 --> 00:18:22.170
I thought that if I
wanted to finish school,

00:18:22.170 --> 00:18:24.224
there was nothing else that I could do.

00:18:24.224 --> 00:18:27.670
- Well, if you see Sugar
relationships as such a crime,

00:18:27.670 --> 00:18:29.372
then it is a victimless crime,

00:18:29.372 --> 00:18:31.950
and I think that that\'s
what people fail to realize,

00:18:31.950 --> 00:18:33.960
is that these are
situations that both parties

00:18:33.960 --> 00:18:35.385
are putting themselves in willingly.

00:18:35.385 --> 00:18:36.960
No one is forcing a woman

00:18:36.960 --> 00:18:38.370
to join SeekingArrangement,

00:18:38.370 --> 00:18:41.300
and if you do wanna take
a feminist standpoint,

00:18:41.300 --> 00:18:43.609
then Sugar Babies are
the ultimate feminists.

00:18:43.609 --> 00:18:46.548
They are women who are
standing their ground,

00:18:46.548 --> 00:18:47.970
who are getting what the want,

00:18:47.970 --> 00:18:49.360
who don\'t wanna be equal with men.

00:18:49.360 --> 00:18:50.460
They wanna be better.

00:18:50.460 --> 00:18:52.300
They are closing the wealth gap,

00:18:52.300 --> 00:18:54.270
and I think that there
are a lot of Sugar Babies

00:18:54.270 --> 00:18:56.283
who would identify as feminists.

00:18:56.283 --> 00:18:58.898
- [Woman] To the other
members of the administration,

00:18:58.898 --> 00:19:03.898
I\'m Alex, or maybe some
of them call me Johanna.

00:19:04.012 --> 00:19:06.462
- [John] Between classes,
you\'ll find tranquility

00:19:07.560 --> 00:19:11.440
beneath the ivy-laden shade
trees lining our quad.

00:19:11.440 --> 00:19:13.950
- [Woman On Phone] You have reached

00:19:13.950 --> 00:19:15.330
the Office of the President.

00:19:15.330 --> 00:19:18.793
To speak with a
representative, press seven.

00:19:23.158 --> 00:19:25.825
(phone ringing)

00:19:27.310 --> 00:19:29.790
- [John] That purple NYU T-shirt

00:19:29.790 --> 00:19:33.660
you modeled on Instagram,
it\'s actually violet.

00:19:33.660 --> 00:19:35.000
That\'s our school color,

00:19:35.000 --> 00:19:38.310
and it\'s the namesake of our sports teams,

00:19:38.310 --> 00:19:41.411
as in go Violets.

00:19:41.411 --> 00:19:44.279
- Yeah, I barely have the
time to enjoy the Village,

00:19:44.279 --> 00:19:47.437
to enjoy the area around NYU

00:19:47.437 --> 00:19:51.250
\'cause there\'s lots of
stress from studying,

00:19:51.250 --> 00:19:54.482
lots of stress from going back home

00:19:54.482 --> 00:19:56.575
and coming here.

00:19:56.575 --> 00:19:59.970
- Finally, and this is really big,

00:19:59.970 --> 00:20:01.740
other places might
teach you the importance

00:20:01.740 --> 00:20:05.160
of a good, firm handshake,

00:20:05.160 --> 00:20:07.470
but around here, we moved on.

00:20:07.470 --> 00:20:10.530
We\'re more of a power hugging crowd.

00:20:10.530 --> 00:20:15.190
So, welcome to NYU, Class of 2018.

00:20:15.190 --> 00:20:17.380
We\'re really happy that you\'re here.

00:20:17.380 --> 00:20:18.670
- We don\'t want NYU to function

00:20:18.670 --> 00:20:22.050
according to corporation, institution,

00:20:22.050 --> 00:20:24.547
but according to an
educational institution.

00:20:24.547 --> 00:20:29.420
So, we\'re rallying here today
to express our concerns,

00:20:29.420 --> 00:20:33.700
to shout our, to make our voices heard.

00:20:33.700 --> 00:20:35.160
- As a matter of fact,
last night I walked over

00:20:35.160 --> 00:20:37.990
by the Weinstein Dorm and
it used to be a Brentano\'s

00:20:37.990 --> 00:20:38.823
across the street.

00:20:38.823 --> 00:20:39.990
Now it\'s a CVS.

00:20:39.990 --> 00:20:41.029
It used to be a Zum Zum.

00:20:41.029 --> 00:20:44.920
Now it\'s an NYU office.

00:20:44.920 --> 00:20:46.990
I think the flavor of the Village

00:20:46.990 --> 00:20:48.850
is being wiped out by the rents.

00:20:48.850 --> 00:20:50.754
If you walk down Bleecker Street today,

00:20:50.754 --> 00:20:53.506
there\'s 10 empty stores,

00:20:53.506 --> 00:20:56.030
and what\'s gonna go in those stores?

00:20:56.030 --> 00:20:56.863
I don\'t know,

00:20:56.863 --> 00:20:58.820
but they\'ve been empty
for at least a year now.

00:20:59.977 --> 00:21:01.738
(phone ringing)

00:21:01.738 --> 00:21:03.522
- [Man on Phone] Good afternoon.

00:21:03.522 --> 00:21:05.120
Office of the President.
- Yes, hello.

00:21:05.120 --> 00:21:06.470
My name\'s Roger Paradiso.

00:21:06.470 --> 00:21:08.140
I\'m doing a documentary,

00:21:08.140 --> 00:21:09.855
and I\'d like to speak to the president

00:21:09.855 --> 00:21:12.592
or any official from the university

00:21:12.592 --> 00:21:16.256
regarding the topic of NYU expansion.

00:21:16.256 --> 00:21:18.535
- [Woman] In retrospect, yeah.

00:21:18.535 --> 00:21:22.240
There was a lot of damage.

00:21:22.240 --> 00:21:27.127
I would say that what I did
was basically easy money

00:21:28.450 --> 00:21:30.100
that took a hard toll.

00:21:30.100 --> 00:21:33.720
It took a hard toll on my emotional life,

00:21:33.720 --> 00:21:36.117
my relationships with people,

00:21:36.117 --> 00:21:40.096
my inability to get
married, to have children,

00:21:40.096 --> 00:21:44.273
constant lying to everybody,
living a double life.

00:21:45.258 --> 00:21:50.240
Absorbing negative aspects of other people

00:21:50.240 --> 00:21:52.880
that I would normally not
have associated myself with

00:21:52.880 --> 00:21:57.347
but for the fact that they
were offering me $500 an hour,

00:21:57.347 --> 00:21:59.120
$1,000 an hour.

00:21:59.120 --> 00:22:01.550
Party calls that I did at night that led

00:22:01.550 --> 00:22:04.700
to drug addiction and alcoholism,

00:22:04.700 --> 00:22:08.183
which ended up basically
dissolving both of my hips.

00:22:09.470 --> 00:22:13.840
It was easy money that has
taken a very hard toll.

00:22:13.840 --> 00:22:17.420
- Rents keep on increasing year by year.

00:22:17.420 --> 00:22:19.942
It\'s becoming impossible
to live anywhere near NYU

00:22:19.942 --> 00:22:22.515
if you\'re a student here.

00:22:22.515 --> 00:22:24.720
Even the student housing that they provide

00:22:24.720 --> 00:22:27.034
is mighty expensive.

00:22:27.034 --> 00:22:29.706
You have to take that into consideration

00:22:29.706 --> 00:22:32.700
that the yearly tuition at NYU

00:22:32.700 --> 00:22:35.110
is almost $63,000 a year,

00:22:35.110 --> 00:22:38.071
so, which is a huge amount for us to pay,

00:22:38.071 --> 00:22:41.320
and it\'s just impossible to keep up

00:22:41.320 --> 00:22:44.660
without compiling a large amount of debt.

00:22:44.660 --> 00:22:45.830
- The only people that
can afford to live here

00:22:45.830 --> 00:22:47.885
are people who have trust funds.

00:22:47.885 --> 00:22:52.460
My father grew up on Hudson Street

00:22:52.460 --> 00:22:54.184
between Morton and Leroy,

00:22:54.184 --> 00:22:56.780
and there\'s no way my family

00:22:56.780 --> 00:22:58.924
can afford to live here now.

00:22:58.924 --> 00:23:00.830
- [Man On Phone] So,
you\'re doing a documentary

00:23:00.830 --> 00:23:01.680
on the expansion?

00:23:02.980 --> 00:23:04.776
- [Roger] I\'m doing a
documentary on The Village

00:23:04.776 --> 00:23:07.640
mom-and-pop shops, NYU expansion,

00:23:07.640 --> 00:23:09.440
and life in The Village.

00:23:09.440 --> 00:23:10.637
- [Man On Phone] Okay.

00:23:10.637 --> 00:23:12.283
Can I have someone call you back

00:23:12.283 --> 00:23:15.603
that can leave, shoot
someone an email right now

00:23:15.603 --> 00:23:16.900
and they should be able
to get back to you.

00:23:16.900 --> 00:23:19.600
- To rent an apartment,
you need at least 1,100

00:23:20.720 --> 00:23:24.500
if it\'ll be just very
small studio apartment.

00:23:24.500 --> 00:23:26.210
So, you could barely fit a bed in there.

00:23:26.210 --> 00:23:29.230
You can barely, and
you\'ll be sharing it also

00:23:29.230 --> 00:23:30.200
with other people.

00:23:30.200 --> 00:23:31.550
There\'s no privacy.

00:23:31.550 --> 00:23:33.020
It\'s a health hazard as well

00:23:33.020 --> 00:23:35.547
because you never know
who you\'re gonna live with

00:23:35.547 --> 00:23:39.787
and it\'s always gonna be crowded, small.

00:23:39.787 --> 00:23:44.787
It\'s like living in a small fish can.

00:23:44.910 --> 00:23:49.250
- The village is becoming
very sterile, very elitist,

00:23:49.250 --> 00:23:52.063
very upper middle class.

00:23:53.100 --> 00:23:54.914
- Right now I live in Brooklyn.

00:23:54.914 --> 00:23:57.390
Sadly, the situation is that students

00:23:57.390 --> 00:23:58.800
have to go far away.

00:23:58.800 --> 00:24:01.997
They have to commute for hours a day,

00:24:01.997 --> 00:24:05.680
at least an hour into NYU,

00:24:05.680 --> 00:24:10.680
an hour back home to be
able to live a decent life.

00:24:11.349 --> 00:24:12.910
- Jimi Hendrix, for instance.

00:24:12.910 --> 00:24:14.984
Jimi Hendrix used to live on 9th Street

00:24:14.984 --> 00:24:16.540
between First and Second Avenue.

00:24:16.540 --> 00:24:18.469
If Jimi Hendrix were
coming to New York today,

00:24:18.469 --> 00:24:21.381
would he be able to get
an apartment on 9th Street

00:24:21.381 --> 00:24:23.080
between First and Second venue?

00:24:23.080 --> 00:24:25.720
No way, not unless he\'s
got $3,000 a month.

00:24:25.720 --> 00:24:27.400
- The sacrifice that you have to make,

00:24:27.400 --> 00:24:29.333
it\'s a difficult balance.

00:24:30.193 --> 00:24:33.160
You can definitely make the time,

00:24:33.160 --> 00:24:36.062
but then you\'ll have to be exhausted.

00:24:36.062 --> 00:24:38.540
Because of the train ride to the city

00:24:38.540 --> 00:24:41.860
and from the city, it\'s
always very difficult

00:24:41.860 --> 00:24:43.110
to go back home at night.

00:24:44.210 --> 00:24:47.394
So, it will just eat up
from your sleeping hours.

00:24:47.394 --> 00:24:49.610
It will feed into insomnia

00:24:49.610 --> 00:24:52.232
if you wanna be a very social person.

00:24:52.232 --> 00:24:54.960
So, it\'s a really
difficult choice to make.

00:24:54.960 --> 00:24:56.833
It\'s a burden at times.

00:24:56.833 --> 00:24:58.840
- [Man On Phone] Okay,
well, I\'ll let them know.

00:24:58.840 --> 00:25:01.420
- [Roger] All right, thanks very much.

00:25:01.420 --> 00:25:03.143
- [Man On Phone] All righty.

00:25:04.770 --> 00:25:07.817
- [Sharon] The news that Cafe
Edison was facing closing

00:25:07.817 --> 00:25:12.500
brought outcry and outrage
from patrons and fans

00:25:12.500 --> 00:25:16.470
resulting in 10,000 names
on a petition drive,

00:25:16.470 --> 00:25:18.150
city-wide media coverage,

00:25:18.150 --> 00:25:21.670
and a social media blitz, all making clear

00:25:21.670 --> 00:25:26.010
that the community demands
that something be done.

00:25:26.010 --> 00:25:28.996
City Hall\'s ignoring this
crisis has made it worse

00:25:28.996 --> 00:25:33.770
and has not proven to be
such a great longterm policy.

00:25:33.770 --> 00:25:35.680
When the foundation is destroyed,

00:25:35.680 --> 00:25:37.960
the bottom will fall out.

00:25:37.960 --> 00:25:39.670
The situation is now desperate,

00:25:39.670 --> 00:25:42.206
and each politician must make a choice.

00:25:42.206 --> 00:25:45.540
Either they stand with
their small business owners

00:25:45.540 --> 00:25:47.979
and communities to pass legislation,

00:25:47.979 --> 00:25:50.091
leveling the playing field

00:25:50.091 --> 00:25:52.800
by giving rights to commercial tenants,

00:25:52.800 --> 00:25:56.807
or they continue their
alliance with the landlords

00:25:56.807 --> 00:25:59.870
and the political machine by lobbying

00:25:59.870 --> 00:26:01.384
for no regulation.

00:26:01.384 --> 00:26:02.217
Survival Act.

00:26:02.217 --> 00:26:03.800
- Okay.
- All for you.

00:26:03.800 --> 00:26:04.969
- Mm-hmm.
- Good for you.

00:26:04.969 --> 00:26:07.220
- Awesome.
- And started out

00:26:07.220 --> 00:26:08.053
with seven sponsors.

00:26:08.053 --> 00:26:09.300
Now we have 27.

00:26:09.300 --> 00:26:11.763
- Awesome.
- So it could actually pass,

00:26:11.763 --> 00:26:14.220
but we need to really push for it now

00:26:14.220 --> 00:26:16.680
because the Speaker of the House

00:26:16.680 --> 00:26:19.483
will do everything she can.
- Is it for New York State

00:26:19.483 --> 00:26:20.780
or New York City?

00:26:20.780 --> 00:26:22.913
- Well, it\'s for New York City.

00:26:22.913 --> 00:26:24.413
- Okay, that\'s good.

00:26:24.413 --> 00:26:26.400
- It\'s the City Council, though.

00:26:26.400 --> 00:26:28.150
- Now I\'m gonna have to look it up.

00:26:28.150 --> 00:26:29.240
- You definitely will.

00:26:29.240 --> 00:26:30.868
- Yeah, now I\'m curious.

00:26:30.868 --> 00:26:32.133
- Yes (laughing)!

00:26:32.133 --> 00:26:32.966
- Mm-hmm.

00:26:32.966 --> 00:26:34.156
- And it\'s gonna be good for you.

00:26:34.156 --> 00:26:35.170
Believe me.
- Good, yeah.

00:26:35.170 --> 00:26:40.170
It\'s hard as a New Yorker
to remain in business

00:26:40.540 --> 00:26:45.290
and all that had food also included.

00:26:45.290 --> 00:26:47.820
It\'s not only the games
and the boardgames.

00:26:47.820 --> 00:26:50.800
It\'s also the Health
Department, and permits,

00:26:50.800 --> 00:26:55.180
and the violations they
give you with no reason,

00:26:55.180 --> 00:26:57.080
and there\'s so many behind

00:26:57.080 --> 00:26:58.860
that people don\'t know

00:26:58.860 --> 00:27:00.327
when you run a business in New York City.

00:27:00.327 --> 00:27:04.680
- But the big, big, big problem is rent.

00:27:04.680 --> 00:27:05.713
- Rent, yeah.

00:27:05.713 --> 00:27:07.140
It\'s crazy.
- That\'s number one.

00:27:07.140 --> 00:27:12.100
- My rent was $830 with no
real estate tax pass-throughs

00:27:12.100 --> 00:27:13.800
when I started.

00:27:13.800 --> 00:27:18.800
It is 10 times that now
with each three of my spaces

00:27:19.250 --> 00:27:24.050
now have between 10 and $18,000 a year

00:27:24.050 --> 00:27:26.588
on top of their rent real
estate tax pass-throughs

00:27:26.588 --> 00:27:29.870
because as you know, the real estate taxes

00:27:29.870 --> 00:27:31.429
have gone through the roof.

00:27:31.429 --> 00:27:34.110
And unbeknownst to a lot of people,

00:27:34.110 --> 00:27:36.547
the landlords are allowed
to pass percentages

00:27:36.547 --> 00:27:39.750
of the real estate taxes
onto the commercial tenants.

00:27:39.750 --> 00:27:41.098
So, here comes my husband.

00:27:41.098 --> 00:27:42.148
- [Sean] Hello, love.

00:27:42.990 --> 00:27:43.823
What\'s going on?

00:27:44.963 --> 00:27:48.340
- We\'re talking about the demise

00:27:48.340 --> 00:27:49.565
of our beautiful Village.
- The woes of the small

00:27:49.565 --> 00:27:50.770
business owner, yeah.

00:27:50.770 --> 00:27:54.238
As a young person coming to New York,

00:27:54.238 --> 00:27:56.310
you could get your toe on the ladder

00:27:56.310 --> 00:27:57.920
and this was the land of opportunity.

00:27:57.920 --> 00:27:59.170
You could do what you wanted to do,

00:27:59.170 --> 00:28:00.167
be what you wanted to be.
- The land that dreams

00:28:00.167 --> 00:28:01.963
are made of.
- Because nowadays,

00:28:01.963 --> 00:28:03.950
- Not anymore.
- You can\'t.

00:28:03.950 --> 00:28:06.560
Who can afford To get their
toe on the ladder here?

00:28:06.560 --> 00:28:08.340
I mean, only trustafarians.

00:28:08.340 --> 00:28:09.818
It\'s only kids with a big trust fund.

00:28:09.818 --> 00:28:12.860
Mummy and daddy\'ll pick up
the year\'s rent in one check.

00:28:12.860 --> 00:28:15.360
- I lived in the West Village

00:28:15.360 --> 00:28:18.600
on NYU\'s Greenwich Street Dorm first year

00:28:18.600 --> 00:28:20.760
and I remember thinking there is no way

00:28:20.760 --> 00:28:23.330
I will ever be able to
afford again in my life

00:28:23.330 --> 00:28:25.000
to live here, and it was too bad

00:28:25.000 --> 00:28:27.130
\'cause I liked the neighborhood.

00:28:27.130 --> 00:28:28.248
It has a lot of charm.

00:28:28.248 --> 00:28:30.060
I don\'t know, we\'re right in the Village

00:28:30.060 --> 00:28:32.447
and don\'t really get to
interact with it much

00:28:32.447 --> 00:28:35.070
because it\'s really expensive

00:28:35.070 --> 00:28:37.070
or we\'re always being crammed to do more

00:28:37.070 --> 00:28:38.360
and more work.

00:28:38.360 --> 00:28:42.141
There\'s this mentality that
I think NYU perpetuates

00:28:42.141 --> 00:28:44.926
that if you get a 4.0 GPA,

00:28:44.926 --> 00:28:46.630
then that\'ll save you

00:28:46.630 --> 00:28:49.270
from the deteriorating
economic conditions.

00:28:49.270 --> 00:28:53.007
That\'s not true, but professors
are always assigning work

00:28:53.007 --> 00:28:55.110
and there\'s always
assignments to complete, so.

00:28:55.110 --> 00:28:58.275
- Wow.
- Going out and exploring

00:28:58.275 --> 00:29:01.683
the Village is not an option,

00:29:02.550 --> 00:29:03.953
both time wise and finances.

00:29:05.138 --> 00:29:07.480
- [Sean] I have an 11-year-old daughter.

00:29:07.480 --> 00:29:09.640
I\'m not saying I want to return

00:29:09.640 --> 00:29:11.681
to the days of Sodom and Gomorrah,

00:29:11.681 --> 00:29:14.341
but I like the fact that you had to have

00:29:14.341 --> 00:29:15.940
a yin to the yang.

00:29:15.940 --> 00:29:17.951
Without the good things in life,

00:29:17.951 --> 00:29:21.820
you don\'t get to see the
bad things, and vice versa.

00:29:21.820 --> 00:29:23.201
- And you also--
- Appreciate the good things.

00:29:23.201 --> 00:29:24.620
So, I think you need that diversity.

00:29:24.620 --> 00:29:27.010
You need a different texture to be able

00:29:27.010 --> 00:29:28.430
to compare things to.

00:29:28.430 --> 00:29:31.285
And now, the way it\'s
become, we\'ve sort of,

00:29:31.285 --> 00:29:33.109
and I think it was Dwight Eisenhower

00:29:33.109 --> 00:29:36.530
who said, \"beware of the
military-industrial complex.\"

00:29:36.530 --> 00:29:38.867
Well, we\'re stuck with the
industrial complex right now.

00:29:38.867 --> 00:29:41.156
We are stuck with big corporations.

00:29:41.156 --> 00:29:44.310
As small business owners,
we don\'t have a lobby,

00:29:44.310 --> 00:29:45.400
we don\'t have any power.

00:29:45.400 --> 00:29:47.829
Nobody listens to us, although we produce

00:29:47.829 --> 00:29:52.422
most of the jobs, we pay most of the taxes

00:29:52.422 --> 00:29:55.240
because we don\'t have--
- We\'re raising sales tax.

00:29:55.240 --> 00:29:57.160
- We don\'t have high-powered tax attorneys

00:29:57.160 --> 00:29:59.380
to get us off as much tax as possible,

00:29:59.380 --> 00:30:00.910
we don\'t have people in government

00:30:00.910 --> 00:30:03.030
that are waiting for a check from us

00:30:03.030 --> 00:30:06.317
to be able to fund their
future political aspirations.

00:30:06.317 --> 00:30:08.867
So, nobody listens to us.

00:30:08.867 --> 00:30:10.151
- I think that they\'re doing it

00:30:10.151 --> 00:30:12.093
at the expense of the students,

00:30:12.093 --> 00:30:15.420
which we all have a problem with.

00:30:15.420 --> 00:30:17.771
They\'re charging us extra tuition for it

00:30:17.771 --> 00:30:20.615
and nobody really asked them to do it.

00:30:20.615 --> 00:30:24.295
It\'s infringing on the residential areas

00:30:24.295 --> 00:30:29.295
and what\'s been here a long time.

00:30:30.188 --> 00:30:34.430
It\'s not really necessary, I think,

00:30:34.430 --> 00:30:37.590
and students, who I think
are the most important part

00:30:37.590 --> 00:30:39.650
of the school are really upset about it,

00:30:39.650 --> 00:30:40.483
and it doesn\'t seem

00:30:40.483 --> 00:30:42.556
like anybody\'s listening to that.

00:30:42.556 --> 00:30:46.838
- So, we\'ve got less people
with less money to spend.

00:30:46.838 --> 00:30:49.831
Even if they\'re making good money,

00:30:49.831 --> 00:30:52.360
the price of things have gone up so,

00:30:52.360 --> 00:30:54.900
I mean, $25 for a bowl of pasta.

00:30:54.900 --> 00:30:56.610
This is insanity.

00:30:56.610 --> 00:31:00.050
So, old people, young people,

00:31:00.050 --> 00:31:03.400
people that are not making tons of money.

00:31:03.400 --> 00:31:05.030
They cannot afford to go out

00:31:05.030 --> 00:31:05.863
and spend their money,

00:31:05.863 --> 00:31:08.180
so we\'ve got nobody spending money.

00:31:08.180 --> 00:31:10.089
Then we have all these empty stores

00:31:10.089 --> 00:31:12.708
that are not providing jobs,

00:31:12.708 --> 00:31:15.950
they\'re not providing payroll taxes,

00:31:15.950 --> 00:31:19.510
and more importantly, they\'re
not providing sales tax,

00:31:19.510 --> 00:31:23.000
which is how the money pays
for the infrastructure,

00:31:23.000 --> 00:31:25.310
the police, the firefighters,

00:31:25.310 --> 00:31:26.973
and everything else.
- The roads!

00:31:26.973 --> 00:31:31.973
- The roads, so the only people
that are making any money

00:31:32.100 --> 00:31:34.590
is the six big landlords in the city

00:31:34.590 --> 00:31:35.873
or however many it is.

00:31:35.873 --> 00:31:37.550
They are making more money they can spend

00:31:37.550 --> 00:31:41.240
in 25 lifetimes and everyone
else can go to hell.

00:31:41.240 --> 00:31:42.073
You know what?

00:31:42.073 --> 00:31:44.660
I don\'t mind these people having
as much money as they want,

00:31:44.660 --> 00:31:46.030
but you know what\'s happening here?

00:31:46.030 --> 00:31:49.300
Is it\'s destroying the underneath fabric.

00:31:49.300 --> 00:31:52.010
So, we\'ve got these
people and everybody else

00:31:52.010 --> 00:31:53.664
underneath is getting knocked out.

00:31:53.664 --> 00:31:55.858
What happens to a city then?

00:31:55.858 --> 00:31:57.740
It\'s dying.

00:31:57.740 --> 00:31:59.890
- Real estate, campaign donations,

00:31:59.890 --> 00:32:03.120
and lobbyist influence
should never be more valuable

00:32:03.120 --> 00:32:05.750
to candidates than any one vote

00:32:05.750 --> 00:32:08.830
from a constituent who has felt the pinch

00:32:08.830 --> 00:32:10.405
from losing his or her job,

00:32:10.405 --> 00:32:13.900
or from those investing life savings

00:32:13.900 --> 00:32:15.605
and years of work into a store

00:32:15.605 --> 00:32:19.320
only to have their businesses fail

00:32:19.320 --> 00:32:20.214
because of ridiculously high rent hikes.

00:32:20.214 --> 00:32:24.896
Or if a young native
New Yorker or immigrant

00:32:24.896 --> 00:32:27.460
aspiring to the American dream,

00:32:27.460 --> 00:32:32.440
only to experience a
nightmare of impossibility.

00:32:32.440 --> 00:32:34.670
Or finally, the mom-and-pop who dreamed

00:32:34.670 --> 00:32:37.053
of passing on their
business to their children.

00:32:43.509 --> 00:32:44.342
Jim!

00:32:44.342 --> 00:32:45.388
- Hi, Sharon!
- Hey!

00:32:45.388 --> 00:32:46.917
How are you?
- Nice to see you again.

00:32:46.917 --> 00:32:47.875
- Good!

00:32:47.875 --> 00:32:49.208
So, this one, Quilts.
- You wanna get that one?

00:32:49.208 --> 00:32:51.125
- Yeah, sure.
- Okay, it\'s perfect.

00:32:51.125 --> 00:32:51.958
Down in West Virginia.

00:32:51.958 --> 00:32:52.957
I love quilts.

00:32:55.717 --> 00:32:56.675
Thank you!
- Thanks.

00:32:56.675 --> 00:32:57.883
- So much!

00:32:57.883 --> 00:32:58.830
(faint speaking)

00:32:58.830 --> 00:32:59.663
Sure!

00:33:01.536 --> 00:33:02.971
Absolutely.

00:33:02.971 --> 00:33:04.790
- So cool.
- Okay.

00:33:04.790 --> 00:33:07.989
- So, what\'s new?
- Oh, well, this thing

00:33:07.989 --> 00:33:09.335
is really heating up now.

00:33:09.335 --> 00:33:12.208
Have you been hearing anything about it?

00:33:12.208 --> 00:33:13.366
- Not that much.

00:33:13.366 --> 00:33:15.013
- Okay, well.
- I\'m counting on you

00:33:15.013 --> 00:33:15.846
in this case.

00:33:15.846 --> 00:33:19.630
- We\'ve had forums in almost every borough

00:33:19.630 --> 00:33:21.395
and they\'ve been very successful.

00:33:21.395 --> 00:33:22.390
- Right.
- We have two

00:33:22.390 --> 00:33:25.150
online petition groups trying,

00:33:25.150 --> 00:33:27.453
fighting for this bill to pass.

00:33:28.770 --> 00:33:31.870
Brewer came up with a counter bill

00:33:31.870 --> 00:33:32.850
which we call the Landlord\'s Bill.

00:33:32.850 --> 00:33:33.983
- Oh, no.

00:33:35.050 --> 00:33:38.447
- Of course, and she\'s the
Manhattan borough president.

00:33:38.447 --> 00:33:39.655
You know?
- Mm-hmm.

00:33:39.655 --> 00:33:43.826
- So, they\'re talking about
it coming to the floor

00:33:43.826 --> 00:33:46.007
for a vote in November.

00:33:46.007 --> 00:33:47.720
- In November?
- Yeah.

00:33:47.720 --> 00:33:48.553
- Oh.
- And all this really

00:33:48.553 --> 00:33:49.820
basically started from that night

00:33:49.820 --> 00:33:51.510
when you came out in the snowstorm.

00:33:51.510 --> 00:33:52.780
- Yes, for--
- For the forum

00:33:52.780 --> 00:33:54.365
at Judson Church
- Yeah, I remember.

00:33:54.365 --> 00:33:57.520
- That I organized, and VID, cosponsor,

00:33:57.520 --> 00:33:59.450
Bell Park, cosponsor.
- Yeah, yeah.

00:33:59.450 --> 00:34:00.830
- They just really,

00:34:00.830 --> 00:34:01.663
you could feel it.
- That\'s their calling.

00:34:01.663 --> 00:34:02.496
Yeah, yeah.
- Couldn\'t you feel it?

00:34:02.496 --> 00:34:03.329
- Oh, yeah.

00:34:03.329 --> 00:34:05.100
- Oh my God, that night
was just so special.

00:34:05.100 --> 00:34:06.250
- It\'s a lot of--

00:34:06.250 --> 00:34:08.673
- Energy.
- Strong passion and anguish.

00:34:09.999 --> 00:34:11.520
- It really started there.

00:34:11.520 --> 00:34:12.353
It\'s amazing.

00:34:12.353 --> 00:34:13.584
Yeah.
- Yeah.

00:34:13.584 --> 00:34:15.251
Yeah, it\'s exciting.

00:34:16.236 --> 00:34:17.936
I feel almost as if it\'s something

00:34:18.943 --> 00:34:20.475
that\'s going on all over the world.

00:34:20.475 --> 00:34:21.308
You know?
- Oh yeah.

00:34:21.308 --> 00:34:23.194
- I mean to say that the response

00:34:23.194 --> 00:34:24.817
that we\'re giving it.

00:34:24.817 --> 00:34:27.615
- People are waking up finally.

00:34:27.615 --> 00:34:31.280
I mean, they tried to dumb down America,

00:34:31.280 --> 00:34:32.820
but we ain\'t that dumb.

00:34:32.820 --> 00:34:33.653
- Hmm-hmm.
(laughing)

00:34:33.653 --> 00:34:34.862
No, right.

00:34:34.862 --> 00:34:36.687
- We\'re waking up.
- We\'re coming along, yeah.

00:34:36.687 --> 00:34:38.094
(buzzer blaring)
Oh, shoot.

00:34:38.094 --> 00:34:38.927
Sorry.

00:34:38.927 --> 00:34:40.240
- When I was here 50 years ago,

00:34:40.240 --> 00:34:43.260
none of these new buildings were up.

00:34:43.260 --> 00:34:45.360
Jeez, I look at \'em now,

00:34:45.360 --> 00:34:46.909
they all look pretty atrocious.

00:34:46.909 --> 00:34:50.300
It all looked sorta like it all fit in

00:34:50.300 --> 00:34:54.070
and was very all sort of a academic style,

00:34:54.070 --> 00:34:58.187
and now it looked a little garish to me.

00:34:58.187 --> 00:35:00.550
- I\'m not saying gee, isn\'t this great?

00:35:00.550 --> 00:35:02.331
We got a 7-Eleven on Avenue A.

00:35:02.331 --> 00:35:05.107
To me, it\'s a terrible thing.

00:35:05.107 --> 00:35:09.153
So, I mourn the Village
of the \'80s to a degree.

00:35:10.336 --> 00:35:13.190
What I do personally is I\'m president

00:35:13.190 --> 00:35:15.520
of an arts organization, Howl! Arts.

00:35:15.520 --> 00:35:18.260
And we have various ways that we try

00:35:18.260 --> 00:35:21.230
to foster the creatives

00:35:21.230 --> 00:35:22.640
that are still in the neighborhood

00:35:22.640 --> 00:35:26.528
and those who have still the creative DNA

00:35:26.528 --> 00:35:29.330
that was part of this neighborhood.

00:35:29.330 --> 00:35:31.570
We try to support them
through health care,

00:35:31.570 --> 00:35:33.974
through gallery openings.

00:35:33.974 --> 00:35:37.350
We put on a Howl! Festival for many years,

00:35:37.350 --> 00:35:40.320
and try and keep alive what we can

00:35:40.320 --> 00:35:43.080
of what made this neighborhood great.

00:35:43.080 --> 00:35:44.770
- The joke when I was here

00:35:44.770 --> 00:35:46.860
is that NYU is a real estate company

00:35:46.860 --> 00:35:51.162
that gets tax exemption
in all of its real estate

00:35:51.162 --> 00:35:54.860
because it has classes in
some of its real estate.

00:35:54.860 --> 00:35:57.170
- So, people now work with OPM,

00:35:57.170 --> 00:36:00.380
other people\'s money, and it\'s blown

00:36:00.380 --> 00:36:04.940
right through Manhattan, over
the East River into Brooklyn

00:36:04.940 --> 00:36:08.320
and/or money from Swedish pension funds

00:36:08.320 --> 00:36:10.950
buying buildings in relatively

00:36:10.950 --> 00:36:12.860
down-and-out areas of Brooklyn.

00:36:12.860 --> 00:36:14.160
As long as it\'s a big enough deal

00:36:14.160 --> 00:36:16.510
to justify doing the transaction,

00:36:16.510 --> 00:36:18.247
money is now blowing into areas and these,

00:36:18.247 --> 00:36:20.015
do the people in Sweden actually know

00:36:20.015 --> 00:36:21.113
what the apartments look like

00:36:21.113 --> 00:36:22.990
that their pension funds in?

00:36:22.990 --> 00:36:24.510
They don\'t, but that\'s what\'s happening,

00:36:24.510 --> 00:36:27.150
and they\'re paying phenomenal numbers.

00:36:27.150 --> 00:36:29.622
- And that was the straw
that broke the camel\'s back.

00:36:29.622 --> 00:36:32.796
The tax authority said
wait a minute, you can\'t.

00:36:32.796 --> 00:36:34.896
You\'re pushing it too far.

00:36:34.896 --> 00:36:38.280
We\'re gonna let you
take all the real estate

00:36:38.280 --> 00:36:40.720
and claim that that\'s so educational,

00:36:40.720 --> 00:36:43.690
kick everybody out, replace the bookstores

00:36:43.690 --> 00:36:45.270
with shoe stores, all that,

00:36:45.270 --> 00:36:47.630
but you can\'t say that making spaghetti

00:36:47.630 --> 00:36:49.100
is an educational endeavor.

00:36:49.100 --> 00:36:51.472
And so, they finally drew the line there,

00:36:51.472 --> 00:36:53.790
but apart from that, so NYU said okay,

00:36:53.790 --> 00:36:55.560
we\'re just gonna buy all the real estate,

00:36:55.560 --> 00:36:56.860
we\'re gonna triple the rents,

00:36:56.860 --> 00:36:58.210
and we\'re gonna make a killing.

00:36:58.210 --> 00:37:00.270
And that\'s what they\'ve done.

00:37:00.270 --> 00:37:03.370
- The flip side of this is
who\'s the landlord\'s partner

00:37:03.370 --> 00:37:04.700
in these buildings?

00:37:04.700 --> 00:37:08.243
It\'s New York City \'cause New
York City has raised taxes

00:37:08.243 --> 00:37:11.620
so dramatically, particularly
during Blumberg\'s years

00:37:11.620 --> 00:37:14.840
and de Blasio administration\'s
keeping it up,

00:37:14.840 --> 00:37:17.260
but as this area\'s gotten
better, I have buildings

00:37:17.260 --> 00:37:21.833
where the taxes were, when
I bought them in 1990,

00:37:23.008 --> 00:37:25.823
maybe 5,000, $7,000.

00:37:25.823 --> 00:37:29.420
Now they\'re $140,000
for the same building.

00:37:29.420 --> 00:37:31.718
- You need finance and real estate

00:37:31.718 --> 00:37:36.718
to be public utilities, not monopolies

00:37:37.040 --> 00:37:40.460
where the owners can simply
keep jacking up the rents

00:37:40.460 --> 00:37:42.400
without any cost of production.

00:37:42.400 --> 00:37:44.698
The whole of classical economic theory

00:37:44.698 --> 00:37:48.200
was value, and price
theory, and rent theory.

00:37:48.200 --> 00:37:50.560
The idea was to bring the cost of living,

00:37:50.560 --> 00:37:54.608
prices, in line with what
the cost of production were.

00:37:54.608 --> 00:37:57.638
And that\'s why they had monopoly controls

00:37:57.638 --> 00:38:01.000
so you limit what electric
utilities can charge

00:38:01.000 --> 00:38:02.210
to what the cost is.

00:38:02.210 --> 00:38:05.730
Now what if you limited the price of rent

00:38:05.730 --> 00:38:07.190
around all this area?

00:38:07.190 --> 00:38:08.160
What if you limited that

00:38:08.160 --> 00:38:10.710
to the actual cost of construction,

00:38:10.710 --> 00:38:12.830
to the actual cost of buying buildings?

00:38:12.830 --> 00:38:16.016
You\'d have rents what they
were when I moved here, $35,

00:38:16.016 --> 00:38:18.275
maybe now they\'d be $50 a month.

00:38:18.275 --> 00:38:21.159
- And I think there\'s two
or three major global issues

00:38:21.159 --> 00:38:22.860
that are affecting real estate

00:38:22.860 --> 00:38:25.990
and particularly neighborhoods like this,

00:38:25.990 --> 00:38:28.783
I say gentrify, it\'s only multiplied.

00:38:29.820 --> 00:38:33.995
The first issue is there\'s an increase

00:38:33.995 --> 00:38:36.645
in retained earnings in actual capital

00:38:36.645 --> 00:38:38.523
that exists in the world.

00:38:38.523 --> 00:38:41.220
Some people say oh, the
Russians have a lot of money.

00:38:41.220 --> 00:38:44.580
Well, so do the Chinese,
so does the Middle East,

00:38:44.580 --> 00:38:47.590
whether you\'re talking Israel, or Dubai,

00:38:47.590 --> 00:38:50.440
or any, money\'s coming from everywhere,

00:38:50.440 --> 00:38:55.440
all over Europe, the French, the Germans.

00:38:55.910 --> 00:38:59.030
There\'s capital that\'s been
built up over the years.

00:38:59.030 --> 00:39:00.400
Apple\'s sitting on money.

00:39:00.400 --> 00:39:02.087
Every corporation has money.

00:39:02.087 --> 00:39:03.070
There\'s just a ton of money.

00:39:03.070 --> 00:39:05.950
So yes, there\'s a shift
in the supply curve

00:39:05.950 --> 00:39:08.046
and how much capital is available.

00:39:08.046 --> 00:39:09.890
- Here\'s the problem.

00:39:09.890 --> 00:39:11.489
The system can\'t be fixed.

00:39:11.489 --> 00:39:13.478
So, it\'s not really a problem.

00:39:13.478 --> 00:39:16.389
People don\'t know the difference anymore

00:39:16.389 --> 00:39:18.550
between a problem and a quandary.

00:39:18.550 --> 00:39:20.770
A problem, you state what it is.

00:39:20.770 --> 00:39:22.170
It has a solution.

00:39:22.170 --> 00:39:25.815
A quandary is whatever move you take

00:39:25.815 --> 00:39:27.410
is gonna make things worse.

00:39:27.410 --> 00:39:28.930
There isn\'t any solution.

00:39:28.930 --> 00:39:33.650
- To try and stop the flow of money,

00:39:33.650 --> 00:39:36.223
you might as well try
to hold back the oceans.

00:39:37.808 --> 00:39:41.600
We have a situation
where capital is rising.

00:39:41.600 --> 00:39:45.040
It\'s as if we\'ve melted all
the ice Greenland, Antarctica.

00:39:45.040 --> 00:39:48.511
The oceans have risen and the
flight to safety is the moon

00:39:48.511 --> 00:39:50.690
coming right over Manhattan,

00:39:50.690 --> 00:39:53.000
and the moon has gotten
closer to the Earth.

00:39:53.000 --> 00:39:55.200
And the draw is there,
and the waters are higher.

00:39:55.200 --> 00:39:57.110
The money is flooding in,

00:39:57.110 --> 00:39:58.060
and you\'re gonna sit there

00:39:58.060 --> 00:40:01.710
and try to put up a dike,
put up a moat or something.

00:40:01.710 --> 00:40:03.293
It\'s not going to hold.

00:40:05.587 --> 00:40:07.291
The reality is economics.

00:40:07.291 --> 00:40:11.281
Macroeconomics rule at the end of the day,

00:40:11.281 --> 00:40:15.895
and in the bigger, and
so in the small world,

00:40:15.895 --> 00:40:18.982
a little town, you can
keep out McDonald\'s.

00:40:18.982 --> 00:40:22.260
You might be able to in
New York City keep out

00:40:22.260 --> 00:40:27.260
a giant Walmart, but then they\'ll build

00:40:27.830 --> 00:40:30.430
a smaller Walmart for 30,000 square feet,

00:40:30.430 --> 00:40:33.556
which they\'re doing now
in different communities.

00:40:33.556 --> 00:40:36.723
It\'s really not just an uphill battle.

00:40:37.848 --> 00:40:38.850
It\'s unfortunately a losing battles.

00:40:38.850 --> 00:40:40.473
- The presidents of most universities

00:40:40.473 --> 00:40:44.970
have to be sort of alcoholics
to slap people on the back,

00:40:44.970 --> 00:40:47.054
and they\'re money raisers.

00:40:47.054 --> 00:40:50.990
- And I\'m sorry to see people lose homes

00:40:50.990 --> 00:40:53.289
or not be able to afford to live here,

00:40:53.289 --> 00:40:58.060
but it\'s the march of time,
the march of progress,

00:40:58.060 --> 00:41:00.080
ad you just can\'t stop it.

00:41:00.080 --> 00:41:03.130
- I did a sort of joking article

00:41:03.130 --> 00:41:06.760
with a religious magazine in the \'60s

00:41:06.760 --> 00:41:10.500
saying is the Urban
Crisis a Pentagon plot?

00:41:10.500 --> 00:41:11.840
And I said no, no,

00:41:11.840 --> 00:41:15.000
Kennedy\'s deliberately
bankrupting the cities

00:41:15.000 --> 00:41:20.000
because we need more overkill
to kill the Russians.

00:41:20.320 --> 00:41:22.179
If the Russians bomb us,

00:41:22.179 --> 00:41:23.990
they\'re gonna hit our cities,

00:41:23.990 --> 00:41:26.750
and how are we gonna get everybody
moving out of the cities?

00:41:26.750 --> 00:41:30.350
So, the Russians need more
bombs in order to build us out,

00:41:30.350 --> 00:41:31.183
to bomb us out.

00:41:31.183 --> 00:41:34.240
Well, the Urban Crisis forces
everybody out of the cities.

00:41:34.240 --> 00:41:35.910
Now we\'re a dispersed population.

00:41:35.910 --> 00:41:37.530
It\'s all a military plot.

00:41:37.530 --> 00:41:40.205
Well, I was making that up
as a joke to explain things,

00:41:40.205 --> 00:41:42.420
and they took it seriously

00:41:42.420 --> 00:41:44.680
and it got quite a bit of coverage,

00:41:44.680 --> 00:41:49.680
and I actually became a military analyst

00:41:50.010 --> 00:41:51.740
as a result of that.

00:41:51.740 --> 00:41:53.220
But that shows the craziness

00:41:53.220 --> 00:41:55.630
of the unforeseen consequences.

00:41:55.630 --> 00:41:59.030
Nobody\'s tried to spell
out what the effect

00:41:59.030 --> 00:42:02.923
of this rising rent and
the financialization

00:42:02.923 --> 00:42:07.110
of real estate, ane the
financialization of education

00:42:07.110 --> 00:42:08.670
is doing for the economy,

00:42:08.670 --> 00:42:11.950
and creating this kind
of neo-serfdom economy

00:42:11.950 --> 00:42:14.290
where people can\'t afford to get married,

00:42:14.290 --> 00:42:16.260
can\'t afford to have kids.

00:42:16.260 --> 00:42:18.230
Right now, the recent news

00:42:18.230 --> 00:42:22.051
and demographic statistics
is the rate of suicide

00:42:22.051 --> 00:42:26.110
among white men between 25 and 53

00:42:26.110 --> 00:42:28.100
has been rising in America.

00:42:28.100 --> 00:42:30.874
So, it\'s higher than that for blacks,

00:42:30.874 --> 00:42:35.610
for Hispanics, for
minorities, for poor people,

00:42:35.610 --> 00:42:38.210
and it\'s because people
all of a sudden realize

00:42:38.210 --> 00:42:40.340
wait a minute, they were
promised this dream.

00:42:40.340 --> 00:42:42.500
They were promised that they
could have a better life

00:42:42.500 --> 00:42:44.690
than their parents, and they could end up

00:42:44.690 --> 00:42:46.260
leaving a better life for their kids

00:42:46.260 --> 00:42:47.960
and they feel like failures,

00:42:47.960 --> 00:42:49.580
and they\'re blaming themselves.

00:42:49.580 --> 00:42:51.210
They\'re not blaming the system,

00:42:51.210 --> 00:42:53.020
and shame on the universities

00:42:53.020 --> 00:42:54.330
for not making this the center

00:42:54.330 --> 00:42:56.543
of what economics should be all about.

00:42:57.960 --> 00:43:00.060
- [Student] I have cereal
for dinner without milk.

00:43:00.060 --> 00:43:02.250
Sometimes I just eat one meal a day.

00:43:02.250 --> 00:43:05.133
To save money on the subway,
I just walk everywhere.

00:43:07.000 --> 00:43:09.369
- Well, the Roman Empire
had economic problems

00:43:09.369 --> 00:43:12.380
in part due to the fact
to inherent problems

00:43:12.380 --> 00:43:14.660
because it was dependent upon slave labor.

00:43:14.660 --> 00:43:18.410
In fact, all the ancient
and classical civilizations,

00:43:18.410 --> 00:43:23.260
most of the labor that
they employed was enslaved.

00:43:23.260 --> 00:43:26.523
Here, we export our
slave labor to the camps

00:43:26.523 --> 00:43:29.060
and the factories.

00:43:29.060 --> 00:43:31.180
First, the maquiladoras in Mexico

00:43:31.180 --> 00:43:33.450
and now to Vietnam and China

00:43:33.450 --> 00:43:35.720
where you have slave-like conditions

00:43:35.720 --> 00:43:37.530
in the factories for the workers,

00:43:37.530 --> 00:43:41.687
and we have our own form
of domestic slavery here

00:43:41.687 --> 00:43:46.550
in the form of debt that students owe.

00:43:46.550 --> 00:43:49.320
Right now student debt
exceeds credit card debt.

00:43:49.320 --> 00:43:51.200
It has exceeded a trillion dollars,

00:43:51.200 --> 00:43:53.680
and any society that cares
about its young people

00:43:53.680 --> 00:43:54.982
and cares about its future

00:43:54.982 --> 00:43:58.660
and not about satisfying
the needs of the 1%

00:43:58.660 --> 00:44:02.224
for their mercenary needs
and their sexual appetites

00:44:02.224 --> 00:44:05.530
is going to invest in
their children\'s future.

00:44:05.530 --> 00:44:08.040
I mean, after all, Germany
has free higher education,

00:44:08.040 --> 00:44:10.240
Cuba has free higher education,

00:44:10.240 --> 00:44:12.512
and we once had free higher education,

00:44:12.512 --> 00:44:14.467
but starting in the \'70s,

00:44:14.467 --> 00:44:17.080
that\'s become insurmountable.

00:44:17.080 --> 00:44:19.120
So, we started off with chattel slavery,

00:44:19.120 --> 00:44:20.624
we went to wage slavery,

00:44:20.624 --> 00:44:22.970
and now we have debt slavery.

00:44:22.970 --> 00:44:25.787
And what kind of society is that?

00:44:25.787 --> 00:44:27.270
- [Male Student] I can\'t believe NYU

00:44:27.270 --> 00:44:29.162
charged so much extra crap.

00:44:29.162 --> 00:44:32.040
I had to take out loans
just to cover my fees

00:44:32.040 --> 00:44:33.163
and health insurance.

00:44:34.342 --> 00:44:36.925
(smooth music)

00:44:42.502 --> 00:44:45.410
- According to Oxfam, of the
world\'s 85 richest people

00:44:45.410 --> 00:44:49.590
is equal to the three-and-a-half
billion poorest people.

00:44:49.590 --> 00:44:52.040
- It\'s fantastic, and
this is a great thing

00:44:52.040 --> 00:44:53.680
because it inspires everybody,

00:44:53.680 --> 00:44:55.980
gets them motivation to look up to the 1%

00:44:55.980 --> 00:44:57.860
and say I wanna become
one of those people.

00:44:57.860 --> 00:44:59.860
I\'m gonna fight hard to get up to the top.

00:44:59.860 --> 00:45:02.553
This is fantastic news,
and of course I applaud it.

00:45:04.090 --> 00:45:04.923
What can be wrong with this?

00:45:04.923 --> 00:45:07.054
- Really?
- Yes, really.

00:45:07.054 --> 00:45:09.637
(smooth music)

00:45:50.500 --> 00:45:52.010
- Let me ask you this
hypothetical question.

00:45:52.010 --> 00:45:55.700
A healthy 30-year-old
young man has a good job,

00:45:55.700 --> 00:45:58.250
makes a good living, but
decides you know what?

00:45:58.250 --> 00:46:00.702
I\'m not gonna spend 200 or $300 a month

00:46:00.702 --> 00:46:04.020
for health insurance \'cause
I\'m healthy, I don\'t need it,

00:46:04.020 --> 00:46:05.969
but something terrible happens.

00:46:05.969 --> 00:46:08.330
All of a sudden, he needs it.

00:46:08.330 --> 00:46:11.720
Who is gonna pay for if he
goes into a coma, for example?

00:46:11.720 --> 00:46:12.750
- Well, in a--
- Who pays for that?

00:46:12.750 --> 00:46:16.160
- In a society that you accept
welfarism and socialism,

00:46:16.160 --> 00:46:17.110
he expects the government

00:46:17.110 --> 00:46:17.943
to take care of him.

00:46:17.943 --> 00:46:19.350
- But what do you want?
- But what he should do

00:46:19.350 --> 00:46:20.610
is whatever he wants to do

00:46:20.610 --> 00:46:22.510
and assume responsibility for himself.

00:46:23.545 --> 00:46:24.870
My advice to him would have
a major medical policy,

00:46:24.870 --> 00:46:26.677
but no be forced to--
- But he doesn\'t have that.

00:46:26.677 --> 00:46:29.139
He doesn\'t have it and
he needs intensive care

00:46:29.139 --> 00:46:30.670
for six months.

00:46:30.670 --> 00:46:31.503
Who pays?

00:46:31.503 --> 00:46:33.790
- That\'s what freedom is all
about, taking your own risk.

00:46:33.790 --> 00:46:34.849
This whole idea

00:46:34.849 --> 00:46:36.387
(audience applauds and cheers)
that you have to prepare

00:46:36.387 --> 00:46:38.048
and take care of everybody.

00:46:38.048 --> 00:46:41.220
(audience applauds and cheers)
- But Congressman,

00:46:41.220 --> 00:46:44.340
are you saying that society
should just let him die?

00:46:44.340 --> 00:46:45.173
- Yeah!
- No.

00:46:45.173 --> 00:46:46.260
- Yeah!
- Yeah!

00:46:46.260 --> 00:46:47.460
- If you\'re in the middle class

00:46:47.460 --> 00:46:49.675
or if you\'re a working
person, forget about it,

00:46:49.675 --> 00:46:51.100
you\'re on your own.

00:46:51.100 --> 00:46:53.425
And if you get sick

00:46:53.425 --> 00:46:56.630
and you don\'t have any
health insurance, guess what?

00:46:56.630 --> 00:46:58.735
This is what they\'re saying,
you are going to die.

00:46:58.735 --> 00:47:02.161
That\'s it!
- In Rome, slaves were killed

00:47:02.161 --> 00:47:05.200
for frivolous misdeeds at
the whim of the master.

00:47:05.200 --> 00:47:07.420
In our so-called civilized society,

00:47:07.420 --> 00:47:10.090
you can get killed when you
get sick and have no insurance.

00:47:10.090 --> 00:47:12.150
We have mandatory insurance for our cars.

00:47:12.150 --> 00:47:14.901
I ask our masters, what about
insurance for our slaves?

00:47:14.901 --> 00:47:16.870
We have six media companies that control

00:47:16.870 --> 00:47:19.220
over 90% of what we see, hear and read.

00:47:19.220 --> 00:47:20.480
I mean, what\'s with that?

00:47:20.480 --> 00:47:22.080
You don\'t think we are brainwashed?

00:47:22.080 --> 00:47:25.000
News censorship happens all the time.

00:47:25.000 --> 00:47:26.544
Thank God for cell phones.

00:47:26.544 --> 00:47:28.840
They bury stories or
don\'t even cover them.

00:47:28.840 --> 00:47:30.670
They cover what they want to sell.

00:47:30.670 --> 00:47:32.950
In the \'80s we had so many media companies

00:47:32.950 --> 00:47:34.670
and we had a diverse media world.

00:47:34.670 --> 00:47:36.803
Now we have a manipulative media.

00:47:38.471 --> 00:47:41.054
(smooth music)

00:47:43.500 --> 00:47:46.273
We have to stop Wall Street
from gambling on our lives.

00:47:48.269 --> 00:47:51.610
There was a 39% loss in
the middle class net worth.

00:47:51.610 --> 00:47:53.510
The loss of 8% in wages,

00:47:53.510 --> 00:47:57.080
poverty rate jumps to 20%,
and no one went to jail,

00:47:57.080 --> 00:47:59.000
no bankers, no Wall Streeters.

00:47:59.000 --> 00:48:00.470
Congress lost the game.

00:48:00.470 --> 00:48:02.060
They thought the banks and Wall Street

00:48:02.060 --> 00:48:03.580
could regulate themselves.

00:48:03.580 --> 00:48:04.413
LOL.

00:48:04.413 --> 00:48:05.530
Everyone else is regulated.

00:48:05.530 --> 00:48:07.067
Why not them?

00:48:07.067 --> 00:48:09.773
You can\'t be for law and
order and against regulation.

00:48:16.850 --> 00:48:18.890
- Mr. Speaker, when we
talk about oligarchy

00:48:18.890 --> 00:48:22.510
and a grossly unfair
distribution of wealth,

00:48:22.510 --> 00:48:26.362
we are also talking about
power and powerlessness.

00:48:26.362 --> 00:48:28.945
(smooth music)

00:48:44.493 --> 00:48:45.560
- The Roman Empire had problems

00:48:45.560 --> 00:48:47.640
with growing and equality as a result

00:48:47.640 --> 00:48:49.510
of maintaining their empire and attempting

00:48:49.510 --> 00:48:51.509
to expand it to regions over
which they could possibly

00:48:51.509 --> 00:48:54.470
never have control over.

00:48:54.470 --> 00:48:57.680
We have the same problems
here today with Afghanistan,

00:48:57.680 --> 00:48:58.979
our longest war.

00:48:58.979 --> 00:49:02.158
In the days of the Roman
Empire with so much corruption

00:49:02.158 --> 00:49:05.738
within the army, the rich citizens

00:49:05.738 --> 00:49:08.040
would take a lot of the money themselves,

00:49:08.040 --> 00:49:12.172
put it into their carts
and go into the mountains

00:49:12.172 --> 00:49:14.960
and deplete the treasury that way.

00:49:14.960 --> 00:49:18.250
It wasn\'t just trying to maintain

00:49:18.250 --> 00:49:20.600
bread and circuses for the
mass of the population.

00:49:20.600 --> 00:49:21.850
It was actual effect.

00:49:21.850 --> 00:49:24.042
We have that today with offshore accounts.

00:49:24.042 --> 00:49:26.625
(smooth music)

00:49:36.950 --> 00:49:40.101
- [Sharon] On March 5
2015, on a snowy night

00:49:40.101 --> 00:49:44.240
with blizzard-like
conditions in the Village,

00:49:44.240 --> 00:49:47.537
100 Villagers came to
Judson Memorial Church

00:49:47.537 --> 00:49:51.210
for a forum on mom-and-pop shops.

00:49:51.210 --> 00:49:54.390
Actually, the editor of The Villager

00:49:54.390 --> 00:49:57.120
had called me and said the publisher

00:49:57.120 --> 00:50:01.210
wanted to call off the meeting.

00:50:01.210 --> 00:50:03.587
I said, \"No way, we\'re having it.

00:50:03.587 --> 00:50:04.437
\"We\'re doing it.\"

00:50:05.322 --> 00:50:10.322
- From 1943 to 1963, all of
the businesses in New York

00:50:12.350 --> 00:50:16.373
were under commercial rent
control, real control,

00:50:17.282 --> 00:50:18.710
and aren\'t now.

00:50:18.710 --> 00:50:22.273
The governments, because of speculation,

00:50:23.400 --> 00:50:26.470
and I\'m gonna read you
what the findings were

00:50:26.470 --> 00:50:31.470
of a joint committee
set up by the best mayor

00:50:32.720 --> 00:50:36.188
of New York, La Guardia and Governor Dewey

00:50:36.188 --> 00:50:38.480
because of speculation.

00:50:38.480 --> 00:50:41.058
Not much difference from
the speculation today.

00:50:41.058 --> 00:50:43.970
They said an emergency exists

00:50:43.970 --> 00:50:46.320
characterized by oppressive rents

00:50:46.320 --> 00:50:50.140
and rent increases
unrelated to actual cost.

00:50:50.140 --> 00:50:52.578
The absence of freedom to contract

00:50:52.578 --> 00:50:55.610
due to the unequal warranting to power

00:50:55.610 --> 00:50:57.560
between landlord and tenant.

00:50:57.560 --> 00:51:00.920
Unjust, unreasonable,
and oppressive leases

00:51:00.920 --> 00:51:03.880
for payment of rent space
is now being extracted

00:51:03.880 --> 00:51:07.780
by landlords under the stress
of the prevailing conditions.

00:51:07.780 --> 00:51:11.580
A breakdown has taken place
in the normal processes

00:51:11.580 --> 00:51:14.210
of bargaining, and the freedom of contract

00:51:14.210 --> 00:51:16.777
has become an illusionary concept.

00:51:16.777 --> 00:51:19.850
They control these people.

00:51:19.850 --> 00:51:22.495
They were out of control,

00:51:22.495 --> 00:51:24.613
but you know what they used?

00:51:26.105 --> 00:51:27.413
Arbitration.

00:51:28.720 --> 00:51:30.403
They used arbitration.

00:51:31.260 --> 00:51:33.400
They set a standard for the rent.

00:51:33.400 --> 00:51:36.570
The landlord could only
increase the rent 15%,

00:51:36.570 --> 00:51:40.260
but if you had a dispute,
you went to arbitration,

00:51:40.260 --> 00:51:41.290
and guess what?

00:51:41.290 --> 00:51:42.503
And you could go to the U.S.,

00:51:42.503 --> 00:51:44.845
I mean the New York State Supreme Court.

00:51:44.845 --> 00:51:47.500
That was two options,
but the judge enacted

00:51:47.500 --> 00:51:49.655
as a defacto arbitrator.

00:51:49.655 --> 00:51:51.564
Guess what?

00:51:51.564 --> 00:51:56.290
Not one landlord in 18
years could ever prove

00:51:56.290 --> 00:51:59.260
that they were denied a reasonable rent.

00:51:59.260 --> 00:52:03.120
It\'s the reason that the law
kept being year after year,

00:52:03.120 --> 00:52:05.920
after year, after year,
they kept renewing the law.

00:52:05.920 --> 00:52:08.470
And it\'s the same reason
that the real estate industry

00:52:08.470 --> 00:52:13.050
lost every court case to
try to kick it out of court

00:52:13.050 --> 00:52:17.590
is because it was so well
written and it allowed landlords

00:52:17.590 --> 00:52:19.430
a reasonable return.

00:52:19.430 --> 00:52:24.430
The problem today is they
don\'t want a reasonable return.

00:52:24.960 --> 00:52:26.750
- I know that there are those who think

00:52:26.750 --> 00:52:31.210
that what I said during the
campaign was just rhetoric,

00:52:31.210 --> 00:52:34.573
just political talk in the
interest of getting elected.

00:52:35.480 --> 00:52:37.420
And there are some who think that now,

00:52:37.420 --> 00:52:39.373
as we turn to governing, well,

00:52:39.373 --> 00:52:41.963
that things will just continue pretty much

00:52:41.963 --> 00:52:43.573
the way they always have.

00:52:45.690 --> 00:52:47.573
So, let me be clear.

00:52:49.090 --> 00:52:51.962
When I said I would take dead aim

00:52:51.962 --> 00:52:56.630
at the Tale of Two Cities, I meant it.

00:52:56.630 --> 00:52:57.463
- With the current mayor,

00:52:57.463 --> 00:52:59.655
I think his heart is in the right place.

00:52:59.655 --> 00:53:02.830
He himself told me to my face.

00:53:02.830 --> 00:53:05.647
I said to him, \"Are we going to get

00:53:05.647 --> 00:53:07.890
\"the Small Business
Survival Act resurrected?\"

00:53:07.890 --> 00:53:09.540
He said he highly doubts it

00:53:10.990 --> 00:53:13.360
because he knows what the deal is, guys.

00:53:13.360 --> 00:53:15.234
Real estate--
- That\'s where we

00:53:15.234 --> 00:53:19.845
(faint speaking)
- Owes the government, so!

00:53:19.845 --> 00:53:22.870
- Things were so bad 44 years later

00:53:22.870 --> 00:53:24.280
that Jesus Christ was born,

00:53:24.280 --> 00:53:26.840
and He famously said it\'s easier

00:53:26.840 --> 00:53:29.750
for a camel to pass
through the eye of a needle

00:53:29.750 --> 00:53:32.250
than a rich man to enter
the House of the Lord.

00:53:32.250 --> 00:53:34.310
And of course, the Roman
authorities didn\'t like that,

00:53:34.310 --> 00:53:36.680
especially when He said He
was King of the Hebrews.

00:53:36.680 --> 00:53:37.910
So, they crucified Him,

00:53:37.910 --> 00:53:39.420
and that\'s what they did in Rome

00:53:39.420 --> 00:53:43.283
just like they do in Saudi Arabia today.

00:53:51.387 --> 00:53:56.387
(intense music)
(crowd shouting)

00:54:00.660 --> 00:54:03.850
- [Sharon] So, here we
have a tale of two bills.

00:54:03.850 --> 00:54:06.480
This is the litmus test that tells a tale

00:54:06.480 --> 00:54:08.776
of de Blasio\'s two cities

00:54:08.776 --> 00:54:12.740
one city is stuck in the
quagmire of cannot do.

00:54:12.740 --> 00:54:16.280
The other is the can-do
city of renewed hope,

00:54:16.280 --> 00:54:20.433
rejuvenated growth, and a
frenzy of artistic activity.

00:54:22.583 --> 00:54:26.160
Constituents question if
the real estate industry

00:54:26.160 --> 00:54:28.730
hasn\'t hijacked democracy.

00:54:28.730 --> 00:54:32.970
They wonder who it is our
electeds actually represent.

00:54:32.970 --> 00:54:36.740
Legislators remain silent as
the Village is being destroyed,

00:54:36.740 --> 00:54:41.023
its cultural and physical fabric
unrecognizably transformed.

00:54:44.060 --> 00:54:46.100
- [Judith] No, it won\'t be here anymore.

00:54:46.100 --> 00:54:48.040
I have no place to go.

00:54:48.040 --> 00:54:50.900
I have to deal with money constantly.

00:54:50.900 --> 00:54:52.990
Instead of dealing with art,

00:54:52.990 --> 00:54:54.793
I\'m forced to deal with money.

00:54:56.483 --> 00:54:59.216
That\'s one of the cruel
things about money.

00:54:59.216 --> 00:55:00.503
It doesn\'t let me do my work!

00:55:01.960 --> 00:55:03.510
- [Roger] Did you find it hard,

00:55:04.712 --> 00:55:08.620
as money is an object that we all wish

00:55:08.620 --> 00:55:09.630
we didn\'t have to deal with?

00:55:09.630 --> 00:55:13.726
- I have to deal with
it every day 100 times.

00:55:13.726 --> 00:55:17.333
I\'m losing my theater
because I can\'t make money.

00:55:17.333 --> 00:55:20.891
I\'m losing my home, I\'m
losing this apartment.

00:55:20.891 --> 00:55:23.540
Next month I won\'t be here.

00:55:23.540 --> 00:55:27.040
I don\'t know where I\'ll be,
but I won\'t be here anymore.

00:55:27.040 --> 00:55:28.990
I have no place to go.

00:55:28.990 --> 00:55:31.850
I have to deal with money constantly.

00:55:31.850 --> 00:55:33.960
Instead of dealing with art,

00:55:33.960 --> 00:55:35.743
I\'m forced to deal with money.

00:55:37.060 --> 00:55:39.340
That\'s one of the cruel
things about money.

00:55:39.340 --> 00:55:42.015
It doesn\'t let me do my work.

00:55:42.015 --> 00:55:46.280
- [Roger] Did you find it easier years ago

00:55:46.280 --> 00:55:49.310
to do your work or has
it always been a constant

00:55:49.310 --> 00:55:50.800
source of friction?
- It has.

00:55:50.800 --> 00:55:52.280
As long as there\'s been money,

00:55:52.280 --> 00:55:54.543
there\'s been the same constant struggle.

00:55:55.670 --> 00:55:56.990
Constant struggle.

00:55:56.990 --> 00:56:01.945
- [Roger] Yeah, I could see in my lifetime

00:56:01.945 --> 00:56:06.072
the changes in New York due to money.

00:56:06.072 --> 00:56:08.981
The Village was once affordable.

00:56:08.981 --> 00:56:11.398
- Was once what?
- Affordable.

00:56:13.513 --> 00:56:15.049
- Not to me!
- Not to you?

00:56:15.049 --> 00:56:17.007
(laughing)

00:56:17.007 --> 00:56:18.351
- No.
- Much better than it is now,

00:56:18.351 --> 00:56:20.790
I think, but--
- Yeah, a little better.

00:56:20.790 --> 00:56:22.780
- [Roger] You see how
areas get gentrified and--

00:56:22.780 --> 00:56:23.613
- A little better, yeah.

00:56:23.613 --> 00:56:25.670
- - [Roger] Even this area, huh?

00:56:25.670 --> 00:56:26.840
- No, this area\'s all right.

00:56:26.840 --> 00:56:27.967
This area\'s good.

00:56:27.967 --> 00:56:29.248
- You think there\'s a--
- Lower East Side is still--

00:56:29.248 --> 00:56:31.433
- [Roger] Still affordable, yeah.

00:56:31.433 --> 00:56:33.210
- It\'s still possible,
but I have to leave here.

00:56:33.210 --> 00:56:36.010
I can\'t live here.
- That\'s a shame.

00:56:36.010 --> 00:56:38.405
- I\'m gonna have to go to New Jersey.

00:56:38.405 --> 00:56:40.405
- [Roger] You\'re gonna go to New Jersey?

00:56:41.400 --> 00:56:42.233
What part?

00:56:42.233 --> 00:56:43.823
- Englewood.
- Englewood?

00:56:45.280 --> 00:56:46.113
- Yeah.

00:56:46.113 --> 00:56:47.900
Well, they have an Actors Fund Home there

00:56:47.900 --> 00:56:49.026
that I can go to

00:56:49.026 --> 00:56:51.093
\'cause I have no place to go to.

00:57:02.570 --> 00:57:05.090
- We have a lot of friends in the city,

00:57:05.090 --> 00:57:07.710
and we\'ve done a good
job in the last six years

00:57:07.710 --> 00:57:11.020
of re-cementing The Living Theater\'s place

00:57:11.020 --> 00:57:14.053
in the downtown art
scene, so we\'ll be good.

00:57:19.597 --> 00:57:22.510
It\'s even just being in my late 20s.

00:57:22.510 --> 00:57:23.343
I can see.

00:57:23.343 --> 00:57:25.250
I see the people in their
early 20s come through here

00:57:25.250 --> 00:57:29.710
and I just watch them get
crushed by New York City.

00:57:29.710 --> 00:57:31.920
You try to be an artist in
New York City, good luck.

00:57:31.920 --> 00:57:33.547
If you\'re in New York City
by the time you\'re 30,

00:57:33.547 --> 00:57:35.163
you\'re a fucking warrior.

00:57:36.915 --> 00:57:39.680
- We tried to, yeah, we tried to reach

00:57:40.634 --> 00:57:45.010
to the sort of culture

00:57:45.010 --> 00:57:47.990
that the Village was more or less

00:57:47.990 --> 00:57:49.800
based on for so many years.

00:57:49.800 --> 00:57:53.833
I think it goes back centuries, really

00:57:53.833 --> 00:57:57.170
from the Dutch coming in
and being very international

00:57:57.170 --> 00:58:02.170
and hip in terms of who and
what they were in their day.

00:58:04.121 --> 00:58:09.121
There was basically slaves who were free

00:58:09.460 --> 00:58:13.110
who at one point that I think
even the Native American

00:58:13.110 --> 00:58:16.090
culture here was more hip 400 years ago

00:58:16.090 --> 00:58:17.806
than most others.

00:58:17.806 --> 00:58:22.806
And so, yeah, we were
part of a long tradition

00:58:24.124 --> 00:58:29.124
between the Beats and the \'60s, et cetera.

00:58:29.283 --> 00:58:34.283
We represent a lot of that
culture here in a way that,

00:58:34.372 --> 00:58:37.110
and the kind of books that we carry, too.

00:58:37.110 --> 00:58:42.110
But at the same time, we\'re
seeing so many young people

00:58:43.887 --> 00:58:46.977
who are so interested and
so intrigued with that,

00:58:46.977 --> 00:58:50.150
and with who and what we
are, and what the Village is,

00:58:50.150 --> 00:58:53.458
and international tourists
from all over the world

00:58:53.458 --> 00:58:58.458
who migrate here for, briefly
or over and over again

00:58:59.190 --> 00:59:01.513
we hear people saying oh,
I wish I could live here.

00:59:01.513 --> 00:59:02.530
- I have good news.

00:59:02.530 --> 00:59:04.476
Oh my God.

00:59:04.476 --> 00:59:07.229
Well, for one, today, this morning,

00:59:07.229 --> 00:59:10.300
just heard that Jimmy Van Bramer,

00:59:10.300 --> 00:59:12.900
he\'s Long Island City
Queens Council Member,

00:59:12.900 --> 00:59:16.203
Chair of arts and Culture,
so important for the artist,

00:59:17.090 --> 00:59:19.040
has just signed onto the bill,

00:59:19.040 --> 00:59:22.340
the bill I\'ve been writing
about for over two years, see?

00:59:22.340 --> 00:59:23.260
- What is that for?

00:59:23.260 --> 00:59:26.597
- Small Business Jobs Survival Act, SBJSA.

00:59:28.989 --> 00:59:30.474
This is so exciting \'cause this means

00:59:30.474 --> 00:59:35.474
we have 26 votes and it could pass!

00:59:36.440 --> 00:59:39.990
- Somehow 100 years ago
they changed the economics

00:59:39.990 --> 00:59:42.080
and they called it neoclassical,

00:59:42.080 --> 00:59:43.354
but it\'s really anti-classical.

00:59:43.354 --> 00:59:45.748
A free market today is market free

00:59:45.748 --> 00:59:48.980
for the rent, for finance and real estate

00:59:48.980 --> 00:59:50.780
to extract everything it can,

00:59:50.780 --> 00:59:54.680
free from regulation, free
from anti-monopoly laws,

00:59:54.680 --> 00:59:56.750
free from progressive taxation.

00:59:56.750 --> 01:00:00.190
You have the Republicans
running for presidents

01:00:00.190 --> 01:00:03.240
all saying they want a flat tax, 10%,

01:00:03.240 --> 01:00:06.010
not 90% as under Eisenhower.

01:00:06.010 --> 01:00:09.295
10% of flat tax, so the
rich pay as little tax

01:00:09.295 --> 01:00:11.770
as the working class.

01:00:11.770 --> 01:00:13.950
This is an inversion of everything

01:00:13.950 --> 01:00:17.350
that the classical economists
talked about a free market.

01:00:17.350 --> 01:00:21.040
- Well, I have a story
which reinforces the value

01:00:21.040 --> 01:00:23.683
of having a community hospital.

01:00:25.700 --> 01:00:29.583
My wife had a stint,

01:00:30.760 --> 01:00:34.331
and when you have a stint,
you have blood thinners

01:00:34.331 --> 01:00:37.913
to allow that blood to
flow through the stint.

01:00:39.880 --> 01:00:43.280
And at three o\'clock in
the morning, she woke me.

01:00:43.280 --> 01:00:48.280
She said her nose was bleeding
and it would not stop.

01:00:49.650 --> 01:00:51.110
So, at three o\'clock in the morning,

01:00:51.110 --> 01:00:56.049
we got dressed and we walked two blocks

01:00:56.049 --> 01:00:59.573
to the emergency room of
St. Vincent\'s Hospital.

01:01:01.660 --> 01:01:06.660
And she was taken immediately
and a very skilled nurse,

01:01:07.420 --> 01:01:10.323
four o\'clock in the morning
stopped the bleeding,

01:01:12.657 --> 01:01:14.320
and I looked around the room.

01:01:14.320 --> 01:01:16.633
We stayed there for the rest of the night,

01:01:17.684 --> 01:01:22.193
and I looked at the individual
emergency cases there.

01:01:22.193 --> 01:01:25.140
Here was a young, very
attractive young girl,

01:01:25.140 --> 01:01:28.500
maybe only 20 years of age would come down

01:01:28.500 --> 01:01:30.620
to the Village to go to a party

01:01:30.620 --> 01:01:33.563
and had taken drugs for the first time.

01:01:34.735 --> 01:01:39.735
Had a very bad reaction, and
she was there in the hospital.

01:01:45.039 --> 01:01:50.039
The hospital responds to the
crisises of the community

01:01:50.100 --> 01:01:51.093
when they happen!

01:01:54.170 --> 01:01:57.140
It\'s an extension of the community.

01:01:57.140 --> 01:02:01.750
The state senator at that
time, this is five years ago,

01:02:01.750 --> 01:02:06.750
was the chairman of a hospital
committee, New York State.

01:02:06.950 --> 01:02:11.850
Now health, hospitals are
under the jurisdiction

01:02:11.850 --> 01:02:14.680
of the State Health Commissioner.

01:02:14.680 --> 01:02:16.963
So, there he was sitting in Albany,

01:02:18.210 --> 01:02:22.033
Chairman of the Hospital Committee.

01:02:24.490 --> 01:02:26.540
He could walk from his office

01:02:26.540 --> 01:02:28.853
over to the commissioner\'s office.

01:02:30.200 --> 01:02:32.233
He did nothing.

01:02:34.290 --> 01:02:35.223
He failed.

01:02:39.720 --> 01:02:43.550
None of our local politicians

01:02:44.767 --> 01:02:49.313
really other than lip service stopped it.

01:02:51.660 --> 01:02:55.310
The hospital crisis, of course, is money.

01:02:55.310 --> 01:03:00.310
It has to do with what
I\'ve discussed before,

01:03:01.760 --> 01:03:04.300
and that is the crisis
and the cost of medicine,

01:03:04.300 --> 01:03:07.140
crisis and the cost of medicine.

01:03:07.140 --> 01:03:10.763
We can\'t afford medicine anymore.

01:03:17.260 --> 01:03:20.869
- But they ended up fighting
the tribes to the north,

01:03:20.869 --> 01:03:25.320
the Germanic tribes, and
the Huns, and others,

01:03:25.320 --> 01:03:28.230
and it depleted their treasury,

01:03:28.230 --> 01:03:29.667
and we have that problem today.

01:03:29.667 --> 01:03:32.070
And the Romans had bases all over,

01:03:32.070 --> 01:03:34.080
and that, of course, is very expensive.

01:03:34.080 --> 01:03:36.160
And today in the new millennium,

01:03:36.160 --> 01:03:39.580
96% of the military bases on the planet

01:03:39.580 --> 01:03:43.700
are bases that are manned and womaned

01:03:43.700 --> 01:03:46.197
by the United States, 96%,

01:03:46.197 --> 01:03:48.560
and that costs a trillion dollars a year.

01:03:48.560 --> 01:03:51.410
- So, they missed the whole focus

01:03:51.410 --> 01:03:53.801
of what classical free market was about,

01:03:53.801 --> 01:03:57.960
which was how are economics
transforming themselves?

01:03:57.960 --> 01:04:00.600
And they\'re not looking at how
it\'s transforming themselves

01:04:00.600 --> 01:04:01.860
because if they did,

01:04:01.860 --> 01:04:03.860
they\'d see that it\'s being financialized

01:04:03.860 --> 01:04:07.683
and it\'s moving towards
a dead end, neo-serfdom.

01:04:08.960 --> 01:04:10.457
- He said, \"We deny the extension

01:04:10.457 --> 01:04:13.640
\"because you have a violation
and you didn\'t cure.\"

01:04:13.640 --> 01:04:16.270
But I beg him for a year
to cure and he would not

01:04:16.270 --> 01:04:18.525
sign the permit.
- And the court

01:04:18.525 --> 01:04:20.411
upheld the landlord.

01:04:20.411 --> 01:04:22.090
They let him evict you?
- Yeah, of course.

01:04:22.090 --> 01:04:23.004
It\'s commercial.

01:04:23.004 --> 01:04:25.425
They have no sympathy for you.

01:04:25.425 --> 01:04:26.258
It\'s commercial.

01:04:26.258 --> 01:04:28.330
You don\'t have a big pocket.

01:04:28.330 --> 01:04:29.460
Even the gesture.

01:04:29.460 --> 01:04:30.690
If you don\'t have money for lawyer,

01:04:30.690 --> 01:04:31.890
why you have a business?

01:04:32.770 --> 01:04:34.183
This so sad.

01:04:34.183 --> 01:04:35.110
They give me no stature.

01:04:35.110 --> 01:04:37.730
I work 15 years here.

01:04:37.730 --> 01:04:41.033
This was the restaurant.
- What do you feel?

01:04:41.033 --> 01:04:42.030
What\'s going on?

01:04:42.030 --> 01:04:43.210
- A lot of nostalgia.

01:04:43.210 --> 01:04:45.810
I put all my soul, my money, my years,

01:04:45.810 --> 01:04:47.863
my effort, 15 years.

01:04:49.940 --> 01:04:52.403
It\'s a very nostalgic, very sad.

01:04:55.280 --> 01:04:57.615
I used to have a lot of plants here

01:04:57.615 --> 01:05:01.863
and we used to cook many meals in there.

01:05:04.990 --> 01:05:06.530
This bricks was here.

01:05:07.970 --> 01:05:08.850
You see this?

01:05:08.850 --> 01:05:12.640
They just covered a
window that he, I guess,

01:05:12.640 --> 01:05:14.960
apply in 2001.

01:05:14.960 --> 01:05:17.450
I came in 2005, and this was like that.

01:05:17.450 --> 01:05:20.010
He never mentioned in
the lease, but he looks.

01:05:20.010 --> 01:05:23.260
Look, when he has in mind who he wants

01:05:23.260 --> 01:05:26.650
to exhaust financially,
emotionally, they find.

01:05:26.650 --> 01:05:27.600
So, they found him.

01:05:28.793 --> 01:05:31.580
In July, 2013, he served me with a notice

01:05:31.580 --> 01:05:34.196
to cure in 30 days or my
list will be terminated.

01:05:34.196 --> 01:05:35.214
- [Roger] But what?

01:05:35.214 --> 01:05:36.937
You didn\'t do that?
- I didn\'t do,

01:05:36.937 --> 01:05:38.519
but that\'s the system!
- So what did he want

01:05:38.519 --> 01:05:40.660
you to do to them?
- To fix it!

01:05:40.660 --> 01:05:43.920
- To fix it how?
- Or well, I have to file

01:05:43.920 --> 01:05:46.340
to the Landmark because
it\'s a Landmark building.

01:05:46.340 --> 01:05:48.517
So, I did, I went to
the Landmark and I said,

01:05:48.517 --> 01:05:50.120
\"Look, I didn\'t do that, but okay.\"

01:05:50.120 --> 01:05:52.610
Since is going to cost my lease,

01:05:52.610 --> 01:05:55.160
I pay lawyers thinking I\'m
gonna save my business.

01:05:55.160 --> 01:05:56.680
So, I pay this lawyer and I pay,

01:05:56.680 --> 01:05:58.944
I went to this court,
I went to that court.

01:05:58.944 --> 01:06:02.820
I realized after I spent almost 200,000

01:06:02.820 --> 01:06:04.730
that I\'m not gonna save it

01:06:04.730 --> 01:06:06.820
because I run out of money anyway.

01:06:06.820 --> 01:06:08.493
I wasn\'t paying my lawyers at the end.

01:06:08.493 --> 01:06:10.339
I couldn\'t pay my rent at the end,

01:06:10.339 --> 01:06:15.339
so it was just like a
cancer, like we couldn\'t.

01:06:15.490 --> 01:06:18.763
I mean, I run out of all my money.

01:06:20.076 --> 01:06:20.909
- [Roger] Okay.

01:06:20.909 --> 01:06:22.933
And what was the name of the business?

01:06:22.933 --> 01:06:24.683
- Lima\'s Taste Ceviche Bar.

01:06:26.891 --> 01:06:29.313
- [Roger] Okay, and your name?

01:06:29.313 --> 01:06:30.943
- Nelida Godfrey.

01:06:32.040 --> 01:06:34.200
- What do you do now?
- Nothing.

01:06:34.200 --> 01:06:35.980
Walk by and feel sad.

01:06:35.980 --> 01:06:39.690
I have a gig sometimes
to cook here, there.

01:06:39.690 --> 01:06:41.300
Today I\'m going to cook for somebody,

01:06:41.300 --> 01:06:45.563
but I don\'t have my, I
used to be here seven days.

01:06:47.930 --> 01:06:48.763
- [Roger] Thank you very much.

01:06:48.763 --> 01:06:51.107
- At the same time,
there\'s the other aspects,

01:06:51.107 --> 01:06:53.336
there\'s the online
business, there\'s Amazon,

01:06:53.336 --> 01:06:58.336
which is the oppressive
imperialist bookseller ultimately.

01:06:58.460 --> 01:07:02.550
We\'re unoppressive because
we\'re non-imperialist

01:07:02.550 --> 01:07:03.383
\'cause we\'re not trying
to take over the world.

01:07:03.383 --> 01:07:05.760
We\'re not oppressive because our prices

01:07:05.760 --> 01:07:08.883
are very reasonable but,

01:07:11.265 --> 01:07:13.130
and they\'re convenient.

01:07:13.130 --> 01:07:14.980
Everybody knows you can
find whatever you want

01:07:14.980 --> 01:07:16.040
on Amazon or eBay.

01:07:16.040 --> 01:07:19.823
I mean, anything you want
and delivered in a few days,

01:07:19.823 --> 01:07:22.153
but on the other hand,

01:07:22.153 --> 01:07:27.153
people do inevitably try
to support stores like us,

01:07:27.290 --> 01:07:28.660
small, independent businesses

01:07:28.660 --> 01:07:32.860
because there\'s a personal touch.

01:07:32.860 --> 01:07:37.290
Of course I always try to
be a little entertaining,

01:07:37.290 --> 01:07:38.767
a little whimsical, a little.

01:07:39.757 --> 01:07:42.880
And I enjoy doing it, too.

01:07:48.560 --> 01:07:51.440
The customers come back
over and over again.

01:07:51.440 --> 01:07:54.042
Of course, there\'s the
human element of really

01:07:54.042 --> 01:07:59.042
being able to relate to a human being

01:08:01.710 --> 01:08:05.530
instead of a machine
and no matter how much

01:08:05.530 --> 01:08:07.660
they try to chat with
you with a little picture

01:08:07.660 --> 01:08:08.750
on the bottom of the screen,

01:08:08.750 --> 01:08:10.700
it\'s still not the same.

01:08:10.700 --> 01:08:12.250
- That sort of scenario there with Craig

01:08:12.250 --> 01:08:15.180
was like Disneyland where
the rich are lovely people,

01:08:15.180 --> 01:08:17.570
swill around during the
day, enjoying all of it,

01:08:17.570 --> 01:08:20.800
and then at nighttime, us
little middle class people,

01:08:20.800 --> 01:08:23.510
us little worker bees
open the manhole covers

01:08:23.510 --> 01:08:26.290
and come scuttling out,
and sweep up, and clean up,

01:08:26.290 --> 01:08:27.980
and provide the services that are needed

01:08:27.980 --> 01:08:29.730
and then get out the way
when it comes to that.

01:08:29.730 --> 01:08:31.660
- Is it the queen bee?

01:08:31.660 --> 01:08:35.020
No, it\'s the worker bees
that make the honey, guys.

01:08:35.020 --> 01:08:36.340
- Yeah.
- Hello!

01:08:36.340 --> 01:08:39.254
- And it\'s been replaced by this mythology

01:08:39.254 --> 01:08:42.109
that somehow Donald
Trump and the rich people

01:08:42.109 --> 01:08:44.750
will use their money to hire people

01:08:44.750 --> 01:08:46.973
even though they\'re using
it to buy out companies,

01:08:46.973 --> 01:08:50.611
break down the firm,
lay off the labor force,

01:08:50.611 --> 01:08:52.780
empty out the pension fund

01:08:52.780 --> 01:08:55.270
and pay their stock
holders and pay themselves,

01:08:55.270 --> 01:08:56.960
and move the production abroad.

01:08:56.960 --> 01:08:58.550
That\'s what\'s really happening.

01:08:58.550 --> 01:09:01.250
- [Sharon] City Hall\'s
ignoring this crises

01:09:01.250 --> 01:09:03.490
has made it worse, and it has not proven

01:09:03.490 --> 01:09:06.890
to be such a great longterm policy.

01:09:06.890 --> 01:09:09.040
When the foundation is destroyed,

01:09:09.040 --> 01:09:11.470
the bottom will fall out.

01:09:11.470 --> 01:09:13.942
The situation is now
desperate and each politician

01:09:13.942 --> 01:09:15.570
must make a choice.

01:09:15.570 --> 01:09:18.330
Either they stand with
their small business owners

01:09:18.330 --> 01:09:21.530
and communities to pass legislation

01:09:21.530 --> 01:09:24.480
leveling the playing
field by giving rights

01:09:24.480 --> 01:09:26.570
to commercial tenants, or they continue

01:09:26.570 --> 01:09:30.041
their alliance with the landlords
and the political machine

01:09:30.041 --> 01:09:33.923
by lobbying for no regulation.

01:09:36.100 --> 01:09:37.996
- It\'s getting harder and harder.

01:09:37.996 --> 01:09:39.620
We\'re getting the trickle down

01:09:39.620 --> 01:09:42.390
of all the real estate taxes still.

01:09:42.390 --> 01:09:45.800
We\'re getting hit with
all that stuff with,

01:09:45.800 --> 01:09:46.940
I mean, just look at the street.

01:09:46.940 --> 01:09:49.311
Here we are, coming up to Christmas.

01:09:49.311 --> 01:09:52.214
We\'re 10 days before Christmas

01:09:52.214 --> 01:09:56.556
and not a lot of people
on the street, is there?

01:09:56.556 --> 01:09:58.798
Everyone\'s doing their shopping online,

01:09:58.798 --> 01:10:02.170
everyone\'s going to the
big malls, big box shops,

01:10:02.170 --> 01:10:03.003
which I understand.

01:10:03.003 --> 01:10:04.060
People are trying to get a deal

01:10:04.060 --> 01:10:05.780
because in this day and age,

01:10:05.780 --> 01:10:07.553
the rents have gone through the roof.

01:10:07.553 --> 01:10:08.850
Everything\'s harder.

01:10:08.850 --> 01:10:10.010
We\'re all feeling the squeeze

01:10:10.010 --> 01:10:12.403
and there\'s just no relief
for the people in the middle.

01:10:13.604 --> 01:10:16.370
- Time we saw you, you
know what\'s going on?

01:10:16.370 --> 01:10:17.720
Anything new?

01:10:17.720 --> 01:10:21.380
- Well, I just bumped Into
Sharon yesterday actually

01:10:21.380 --> 01:10:24.120
and she was updating me
about it a little bit

01:10:24.120 --> 01:10:27.150
and saying that essentially,

01:10:27.150 --> 01:10:29.963
I mean, the way it\'s coming down,

01:10:29.963 --> 01:10:33.430
the implication is that it\'s
never gonna get anywhere

01:10:33.430 --> 01:10:36.760
because the suggestion
is that they\'ll pretend

01:10:36.760 --> 01:10:37.780
that they\'re gonna vote for it,

01:10:37.780 --> 01:10:39.420
but it\'ll never be letting
it come up for a vote

01:10:39.420 --> 01:10:40.890
or they\'ll never really vote for it.

01:10:40.890 --> 01:10:43.390
- I\'ve got a child who\'s at middle school.

01:10:43.390 --> 01:10:46.499
She\'s only 11, and so
it\'s very difficult for me

01:10:46.499 --> 01:10:49.660
to do anything because she\'s at school.

01:10:49.660 --> 01:10:51.260
I don\'t want to interrupt her schooling

01:10:51.260 --> 01:10:52.420
because she\'s doing very well.

01:10:52.420 --> 01:10:55.220
That\'s gotta be my priority.

01:10:55.220 --> 01:10:57.850
So, we\'re hoping to hang on

01:10:57.850 --> 01:11:02.168
for her school years in middle school.

01:11:02.168 --> 01:11:04.668
- [Woman] Can you run that by?

01:11:05.633 --> 01:11:07.360
- And again.
- So, we\'re hoping

01:11:07.360 --> 01:11:08.856
to be able to hang on long enough

01:11:08.856 --> 01:11:11.980
for my child to at least finish school,

01:11:11.980 --> 01:11:12.813
and then we\'ll see.

01:11:12.813 --> 01:11:14.260
Meanwhile, if a Republican,

01:11:14.260 --> 01:11:18.620
if Donald Trump becomes the
president, bye-bye, USA!

01:11:18.620 --> 01:11:22.350
- Now people are incentivized
to make their money

01:11:22.350 --> 01:11:24.280
by speculating in real estate

01:11:24.280 --> 01:11:26.850
and making a capital gains economy,

01:11:26.850 --> 01:11:30.180
and this is create, this has ended up

01:11:30.180 --> 01:11:32.700
deindustrializing the American economy

01:11:32.700 --> 01:11:35.533
just like it deindustrialized
the Roman economy,

01:11:35.533 --> 01:11:37.955
except instead of working in the serfdom

01:11:37.955 --> 01:11:40.950
where the serfs were
literally tied to the land

01:11:40.950 --> 01:11:43.910
that they were given, now
the Americans can live

01:11:43.910 --> 01:11:48.190
anywhere they want, but the
prices they have to pay,

01:11:48.190 --> 01:11:51.550
a lifetime of the income
they earn to the banks

01:11:51.550 --> 01:11:53.507
for access to wherever they want to live,

01:11:53.507 --> 01:11:56.093
and they call that free market freedom.

01:11:57.460 --> 01:11:58.293
- I don\'t know.

01:11:58.293 --> 01:12:00.310
There was lots of policies
made around election time

01:12:00.310 --> 01:12:01.890
about looking after small businesses,

01:12:01.890 --> 01:12:04.410
and mom-and-pops, and all that stuff.

01:12:04.410 --> 01:12:08.057
I believe a lot of the
people that said things

01:12:08.057 --> 01:12:10.620
are now conspicuous by their absence.

01:12:10.620 --> 01:12:15.460
- How are the workers who
are making this minimum wage

01:12:15.460 --> 01:12:19.470
after they pay, their 40% for rent,

01:12:19.470 --> 01:12:21.200
after they pay their bank loans,

01:12:21.200 --> 01:12:23.280
how are they going to
buy what they produce?

01:12:23.280 --> 01:12:25.610
Well, that\'s the reason why we\'re seeing

01:12:25.610 --> 01:12:27.250
all around the neighborhood here

01:12:27.250 --> 01:12:28.710
all of the empty stores.

01:12:28.710 --> 01:12:30.680
The workers cannot afford to buy

01:12:30.680 --> 01:12:33.630
what they produce because
they have to pay the banks,

01:12:33.630 --> 01:12:35.070
they have to pay the others,

01:12:35.070 --> 01:12:40.070
and because while the minimum
wage has been kept down

01:12:40.410 --> 01:12:43.689
and not increased, what has
increased is unearned income,

01:12:43.689 --> 01:12:46.800
what the economists call unearned income,

01:12:46.800 --> 01:12:48.830
rent, and interest, and capital gains.

01:12:48.830 --> 01:12:50.297
- Welcome to NYU.

01:12:50.297 --> 01:12:52.670
We\'re glad you\'re here.

01:12:52.670 --> 01:12:55.990
You will spend four wonderful
years on this campus

01:12:55.990 --> 01:12:57.980
paying far more for an education

01:12:57.980 --> 01:13:00.760
than you could pay at
other similar institutions,

01:13:00.760 --> 01:13:03.089
but we\'re really glad you\'re here.

01:13:03.089 --> 01:13:05.350
- John Sexton\'s compensation

01:13:05.350 --> 01:13:07.422
has been controversial for some time.

01:13:07.422 --> 01:13:10.460
Recently Marty Lipton,
the chairman of the board,

01:13:10.460 --> 01:13:11.730
said that President Sexton

01:13:11.730 --> 01:13:13.540
is grossly undercompensated

01:13:13.540 --> 01:13:15.710
for what he has accomplished here.

01:13:15.710 --> 01:13:18.718
Well, let\'s take a look at
gross undercompensation.

01:13:18.718 --> 01:13:21.047
His gross undercompensation includes

01:13:21.047 --> 01:13:23.817
a 1.4 million dollar salary,

01:13:23.817 --> 01:13:27.913
it includes an $88,000 expense account,

01:13:27.913 --> 01:13:30.870
it includes a 2.5 million dollar

01:13:30.870 --> 01:13:33.660
length-of-service bonus that he collected

01:13:33.660 --> 01:13:36.428
in January of 2015.

01:13:36.428 --> 01:13:41.428
It includes an 800,000 dollar
lifetime retirement annuity,

01:13:42.080 --> 01:13:45.220
it includes 100% health care coverage.

01:13:45.220 --> 01:13:46.660
It includes a car and driver.

01:13:46.660 --> 01:13:48.907
- The board, the mysterious board,

01:13:48.907 --> 01:13:51.740
they have undeclared meetings.

01:13:51.740 --> 01:13:53.340
We cannot attend them as students,

01:13:53.340 --> 01:13:55.914
nor can the faculty.

01:13:55.914 --> 01:13:58.790
They work in completely anonymity

01:13:58.790 --> 01:14:01.476
and we don\'t know how,

01:14:01.476 --> 01:14:03.710
what sorts of conflict of interest

01:14:03.710 --> 01:14:06.180
the board has with NYU\'s expansion plan

01:14:06.180 --> 01:14:07.660
whether here or across the seas,

01:14:07.660 --> 01:14:10.373
NYU Abu Dhabi or the other global sites.

01:14:11.210 --> 01:14:14.200
We suspect there\'s no
kind of transparency,

01:14:14.200 --> 01:14:16.760
so we suspect that there\'s
a lot of investments

01:14:16.760 --> 01:14:19.317
that the boards are using through NYU

01:14:19.317 --> 01:14:24.317
to have profitable returns
to their own pockets,

01:14:25.011 --> 01:14:30.011
including the NYU 2031,
2033 expansion plan.

01:14:30.138 --> 01:14:33.910
- Since Mandy\'s story
came out or first of all,

01:14:33.910 --> 01:14:37.344
the problem of student prostitution at NYU

01:14:37.344 --> 01:14:41.360
has been in the news for some time, right?

01:14:41.360 --> 01:14:43.380
A couple of years at least.

01:14:43.380 --> 01:14:45.860
Various outlets have reported it,

01:14:45.860 --> 01:14:48.100
and then Mandy told her story publicly,

01:14:48.100 --> 01:14:50.480
and then that got a big
burst of further publicity

01:14:50.480 --> 01:14:53.860
and shocked a lot of people,
including many students.

01:14:53.860 --> 01:14:57.170
What was really troubling
about NYU\'s response to that

01:14:57.170 --> 01:14:58.960
is that they didn\'t say anything at all

01:14:58.960 --> 01:15:01.348
about the fact that she was doing it,

01:15:01.348 --> 01:15:03.477
and the fact that, as she put it,

01:15:03.477 --> 01:15:05.860
the problem is epidemic here at NYU.

01:15:05.860 --> 01:15:07.430
It\'s not just one woman.

01:15:07.430 --> 01:15:09.560
They didn\'t really say anything about it.

01:15:09.560 --> 01:15:11.780
- The way it\'s happened,
at least since 2002

01:15:11.780 --> 01:15:15.040
is that administration
salaries have skyrocketed,

01:15:15.040 --> 01:15:17.498
more than double at times,

01:15:17.498 --> 01:15:19.670
and at the expense of what?

01:15:19.670 --> 01:15:23.010
A tuition also skyrocketing
for undergrads.

01:15:23.010 --> 01:15:25.725
And so, we are cognizant
of the fact that tuition

01:15:25.725 --> 01:15:29.250
is rising as the administration\'s
salaries are rising,

01:15:29.250 --> 01:15:34.250
and as more administration
is being, these positions

01:15:34.590 --> 01:15:36.710
are getting created for more--
- Out of thin air.

01:15:36.710 --> 01:15:40.130
- Yeah, and they get paid
huge amounts of money

01:15:40.130 --> 01:15:41.920
out of the pockets of the undergrads,

01:15:41.920 --> 01:15:44.790
and we do not think that is fair.

01:15:44.790 --> 01:15:48.190
We think that this allocation
of money and resources

01:15:48.190 --> 01:15:50.300
should not go up to the
top-tier administration.

01:15:50.300 --> 01:15:52.000
It should go back to the community,

01:15:52.000 --> 01:15:56.280
back to the services that
the undergrads expect.

01:15:56.280 --> 01:15:58.827
If you go to class, I teach here at NYU

01:15:58.827 --> 01:16:00.670
as an adjunct instructor

01:16:00.670 --> 01:16:03.531
as part of my PhD program, and if you go

01:16:03.531 --> 01:16:06.660
to all my classes that I\'ve taught so far,

01:16:06.660 --> 01:16:08.570
the actual classrooms, they\'re dungeons.

01:16:08.570 --> 01:16:12.511
There\'s no windows, the lights
don\'t work most of the time,

01:16:12.511 --> 01:16:17.511
the chairs, some of them,
the desks, don\'t function.

01:16:17.837 --> 01:16:22.230
NYU does not give us,
the instructors, markers.

01:16:22.230 --> 01:16:23.330
We have to buy our own markers.

01:16:23.330 --> 01:16:24.460
Imagine that.

01:16:24.460 --> 01:16:29.460
- It has a collective debt
burden on its graduates

01:16:29.560 --> 01:16:32.290
that\'s 40% above the national average.

01:16:32.290 --> 01:16:35.091
It also has the highest number of students

01:16:35.091 --> 01:16:37.036
resorting to prostitution

01:16:37.036 --> 01:16:40.030
to cover the tuition and the fees.

01:16:40.030 --> 01:16:43.016
It also has a large, invisible population

01:16:43.016 --> 01:16:44.900
of hungry students.

01:16:44.900 --> 01:16:48.960
It has a large, invisible
population of homeless students.

01:16:48.960 --> 01:16:50.190
- [Student] When my department learned

01:16:50.190 --> 01:16:52.160
that I had slept in
our building one night,

01:16:52.160 --> 01:16:54.460
I was told to get
psychological counseling.

01:16:54.460 --> 01:16:56.592
The counselor said I
needed to be medicated,

01:16:56.592 --> 01:16:58.450
but I informed her that I could not

01:16:58.450 --> 01:17:00.170
afford the copay.
- The student body

01:17:00.170 --> 01:17:01.960
does not want predatory university.

01:17:01.960 --> 01:17:05.792
They want a university that
is looking out for them,

01:17:05.792 --> 01:17:09.390
especially in this very
competitive climate

01:17:09.390 --> 01:17:10.943
that we\'re living in in 2015.

01:17:10.943 --> 01:17:14.250
I think most of the
students feel abandoned.

01:17:14.250 --> 01:17:18.010
- NYU was in collusion with politicians

01:17:18.010 --> 01:17:21.200
like Rudy Giuliani who were completely

01:17:21.200 --> 01:17:23.406
transforming the Village

01:17:23.406 --> 01:17:28.406
from a really important neighborhood

01:17:29.770 --> 01:17:34.080
that was the site of so much
generative social dissidence

01:17:34.080 --> 01:17:37.190
in the U.S. history.

01:17:37.190 --> 01:17:40.420
Think of Stonewall, think
of the ACT UP movement,

01:17:40.420 --> 01:17:43.875
think of the downtown scene

01:17:43.875 --> 01:17:47.190
of avant-garde artists after World War II.

01:17:47.190 --> 01:17:49.480
I mean, since, for a very long time,

01:17:49.480 --> 01:17:52.280
this neighborhood and its sort of environs

01:17:52.280 --> 01:17:56.893
have been home to some
really important artistic,

01:17:58.320 --> 01:18:00.363
social, and political movements.

01:18:01.290 --> 01:18:03.810
And at the same time
as NYU is capitalizing

01:18:03.810 --> 01:18:06.590
on that history, they\'re destroying it.

01:18:06.590 --> 01:18:09.694
- Economics has ceased
to be a hopeful science.

01:18:09.694 --> 01:18:12.760
It was called abysmal
science in the 19th century

01:18:12.760 --> 01:18:15.110
because they said how
everything was ending up

01:18:15.110 --> 01:18:18.090
in the hands of the landlords
and it\'s still abysmal.

01:18:18.090 --> 01:18:20.942
So, my only hope is there
will be a revolution.

01:18:20.942 --> 01:18:23.525
(smooth music)

01:18:37.930 --> 01:18:39.774
- The calm before the storm.

01:18:39.774 --> 01:18:44.100
Bernie Sanders rally is gonna
start around six o\'clock.

01:18:44.100 --> 01:18:45.500
Five o\'clock, they\'re gonna let people in,

01:18:45.500 --> 01:18:47.721
but this is very quiet, nice here.

01:18:47.721 --> 01:18:49.820
Even hear the birds singing.

01:18:49.820 --> 01:18:50.710
Love it.

01:18:50.710 --> 01:18:52.510
Well, okay, we have this flyer.

01:18:52.510 --> 01:18:54.296
We\'re gonna be passing out the flyer

01:18:54.296 --> 01:18:57.600
about the Small Business
Jobs Survival Act,

01:18:57.600 --> 01:19:01.450
which is quite naturally
and to be expected

01:19:01.450 --> 01:19:05.703
because if this is what\'s
happened so many times before,

01:19:05.703 --> 01:19:09.550
it really gonna be able to
get stalled by the Speaker,

01:19:09.550 --> 01:19:11.630
and that is exactly what\'s happening.

01:19:11.630 --> 01:19:16.630
In June, 2015, she told The Villager

01:19:16.915 --> 01:19:19.730
that she was gonna put it up for a vote,

01:19:19.730 --> 01:19:24.163
and so now she\'s suggesting
that what we need is a study.

01:19:25.320 --> 01:19:30.320
A study, and so there you go, a study.

01:19:30.852 --> 01:19:33.435
(smooth music)

01:19:42.070 --> 01:19:47.070
So, actually the Borough
President, Gale Brewer,

01:19:48.680 --> 01:19:51.321
has already come up with a study.

01:19:51.321 --> 01:19:52.154
She\'s come up with another bill

01:19:52.154 --> 01:19:53.930
that kind of counters this bill.

01:19:53.930 --> 01:19:56.280
Her bill is called the Landlord\'s Bill

01:19:56.280 --> 01:19:59.021
\'cause really written by the landlord

01:19:59.021 --> 01:20:01.264
even so many years ago,

01:20:01.264 --> 01:20:04.010
and they call it the Limousine Commission.

01:20:04.010 --> 01:20:05.760
They\'re the ones who
actually wrote the bill,

01:20:05.760 --> 01:20:08.540
the landlords, and that\'s
what she\'s come up with

01:20:08.540 --> 01:20:12.829
word for word, so we\'re
waiting for the Speaker

01:20:12.829 --> 01:20:16.896
to do her job and put this finally,

01:20:16.896 --> 01:20:20.090
after 30 years, to finally
put this up for a vote

01:20:20.090 --> 01:20:21.560
because at this present time,

01:20:21.560 --> 01:20:26.560
there\'s 1,000 stores closing
every month in New York City.

01:20:33.334 --> 01:20:35.728
(crowd cheering)

01:20:35.728 --> 01:20:38.311
(gentle music)

01:20:43.404 --> 01:20:46.370
- This is simply the
bitter end of something

01:20:46.370 --> 01:20:48.835
that\'s been going on
since the \'20s actually,

01:20:48.835 --> 01:20:53.064
as the 1% \'cause back then
it was the Rockefeller

01:20:53.064 --> 01:20:56.966
had a grand vision of turning NYU

01:20:56.966 --> 01:21:01.966
into a kind of economically
monolithic city

01:21:02.515 --> 01:21:06.280
filled with high-end apartment buildings

01:21:06.280 --> 01:21:07.717
and office buildings.

01:21:07.717 --> 01:21:12.449
That is the reason why we no longer have

01:21:12.449 --> 01:21:14.240
the Fulton Fish Market,

01:21:14.240 --> 01:21:17.491
the Garment District, the Port.

01:21:17.491 --> 01:21:21.910
This used to be economically
a remarkably diverse city,

01:21:21.910 --> 01:21:24.190
tons of light industry all over SoHo

01:21:24.190 --> 01:21:25.023
and stuff like that.

01:21:25.023 --> 01:21:27.095
All that\'s gone now, all
that\'s been gentrified,

01:21:27.095 --> 01:21:31.330
all that has been turned into boutiques

01:21:31.330 --> 01:21:35.766
and fancy restaurants for the
residents of Hipsterville.

01:21:35.766 --> 01:21:40.120
And so, the actual middle
and lower middle class

01:21:40.120 --> 01:21:42.420
and working-class populations
who used to be able

01:21:42.420 --> 01:21:46.720
to live here have had to
flee for the outer boroughs

01:21:46.720 --> 01:21:47.760
or the suburbs.

01:21:47.760 --> 01:21:49.920
It\'s happening to cities
all over the country.

01:21:49.920 --> 01:21:53.040
- Like the Roman Empire, the
American empire will fade.

01:21:53.040 --> 01:21:57.184
I mean, after all, Rome
lasted as an empire

01:21:57.184 --> 01:22:00.950
from the time of Caesar until
the time of Constantine.

01:22:00.950 --> 01:22:02.730
It had been sacked.

01:22:02.730 --> 01:22:04.090
By the end, it was being sacked

01:22:04.090 --> 01:22:06.291
by the so-called barbarians.

01:22:06.291 --> 01:22:08.791
(tense music)

01:22:11.950 --> 01:22:14.653
- I would repeal and replace
the big lie, Obamacare.

01:22:14.653 --> 01:22:16.960
(crowd cheering)

01:22:16.960 --> 01:22:19.010
I would build a great wall,

01:22:19.010 --> 01:22:21.100
and nobody builds walls
better than me, believe me,

01:22:21.100 --> 01:22:23.857
and I\'ll build \'em very inexpensively.

01:22:23.857 --> 01:22:26.680
- The central question in this election

01:22:26.680 --> 01:22:29.850
is really what kind of
country we want to be

01:22:29.850 --> 01:22:32.610
and what kind of future
we\'ll build together.

01:22:32.610 --> 01:22:35.230
Today is my granddaughter\'s
second birthday,

01:22:35.230 --> 01:22:36.955
so I think about this a lot.

01:22:36.955 --> 01:22:39.130
First, we have to build an economy

01:22:39.130 --> 01:22:41.864
that works for everyone,
not just those at the top.

01:22:41.864 --> 01:22:44.364
(tense music)

01:23:19.099 --> 01:23:22.360
- I am feeling the Bern!
- Yeah!

01:23:22.360 --> 01:23:25.060
- Went all over this
country during the campaign,

01:23:25.060 --> 01:23:28.250
and I talked to too many young people

01:23:28.250 --> 01:23:30.975
and people who were not so young

01:23:30.975 --> 01:23:34.400
who were paying off student debts of 30,

01:23:34.400 --> 01:23:39.400
50, $800,000, and in some cases,

01:23:39.630 --> 01:23:44.330
it was taking them decades
to pay off those debts.

01:23:44.330 --> 01:23:47.601
- I feel like I was really
able to game the system

01:23:47.601 --> 01:23:49.920
because I dint have to violate myself

01:23:49.920 --> 01:23:50.823
to make the money.

01:23:51.748 --> 01:23:55.303
I just had to find ways
to be really creative.

01:23:58.550 --> 01:24:01.570
- [Woman] After my experiences
looking at my life,

01:24:01.570 --> 01:24:04.170
what it has been, who I am now,

01:24:04.170 --> 01:24:06.370
and looking at the situation today

01:24:06.370 --> 01:24:09.302
that young people find themselves in,

01:24:09.302 --> 01:24:14.120
it\'s a shame that in the 21st century,

01:24:14.120 --> 01:24:16.810
in the digital and social media era,

01:24:16.810 --> 01:24:19.796
kids are still having to sell themselves

01:24:19.796 --> 01:24:22.760
across all the social media platforms

01:24:22.760 --> 01:24:24.140
in every which way.

01:24:24.140 --> 01:24:26.400
They\'re still having to
prostitute themselves

01:24:26.400 --> 01:24:28.530
to pay for the roofs over their head

01:24:28.530 --> 01:24:31.130
and tuition for whatever school it is

01:24:31.130 --> 01:24:32.613
they choose to go to.

01:24:32.613 --> 01:24:34.974
- [Crowd] Not my president,
not my president!

01:24:34.974 --> 01:24:37.719
Not my president, not my president!

01:24:37.719 --> 01:24:40.537
Not my president, not my president!

01:24:40.537 --> 01:24:43.868
Not my president, not my President Trump!

01:24:43.868 --> 01:24:46.067
Oh no, he\'s go to go.

01:24:46.067 --> 01:24:50.958
Pussy grabs back, pussy
grabs back, pussy grabs back!

01:24:50.958 --> 01:24:52.611
Ho, ho, pussy grabs back!

01:24:52.611 --> 01:24:53.468
He\'s go to go.

01:24:53.468 --> 01:24:56.210
Hey, hey, hey, patriarchy\'s got to go.

01:24:56.210 --> 01:24:59.632
Hey, hey, ho, ho, patriarchy\'s got to go.

01:24:59.632 --> 01:25:04.049
Pussy grabs back, pussy
grabs back, pussy grabs back!

01:25:05.095 --> 01:25:06.547
- Scare.
- Yeah.

01:25:06.547 --> 01:25:07.380
- [Roger] When do you think

01:25:07.380 --> 01:25:08.940
they\'re gonna blow this
thing up, this summer?

01:25:08.940 --> 01:25:11.170
- Probably when a few of
us people, are around.

01:25:11.170 --> 01:25:12.490
Right?
- Summertime.

01:25:12.490 --> 01:25:13.570
- They\'ll wait.

01:25:13.570 --> 01:25:15.759
They\'re masters of timing.
- Yeah.

01:25:15.759 --> 01:25:16.940
When the kids come back,

01:25:16.940 --> 01:25:19.568
there\'ll be new construction going on.

01:25:19.568 --> 01:25:21.223
- Yeah, that gaping hole.

01:25:22.109 --> 01:25:24.280
- [Roger] I wander through the village,

01:25:24.280 --> 01:25:26.592
as many others have done before me.

01:25:26.592 --> 01:25:29.253
I sense that something is lost.

01:25:29.253 --> 01:25:33.122
I watch as Villagers walk by and I wonder

01:25:33.122 --> 01:25:35.393
is there anybody out there?

01:25:37.353 --> 01:25:39.853
(tense music)

01:25:43.784 --> 01:25:46.469
- A hospital is not just beds,

01:25:46.469 --> 01:25:49.423
it is a medical community.

01:25:51.800 --> 01:25:54.090
- [Roger] Greenwich Lane Luxury Condos

01:25:54.090 --> 01:25:56.700
replaced St. Vincent\'s Hospital.

01:25:56.700 --> 01:26:00.290
A four bedroom would cost
you up to $20 million

01:26:00.290 --> 01:26:03.393
with a monthly maintenance fee of $15,000.

01:26:04.960 --> 01:26:07.470
- It\'s really a shame that college costs

01:26:07.470 --> 01:26:09.800
have skyrocketed since I went to school.

01:26:09.800 --> 01:26:13.010
I\'m not really sure
how the next generation

01:26:13.010 --> 01:26:14.533
is gonna be able to afford it.

01:26:16.970 --> 01:26:19.510
- [Woman] Ultimately, when you
look at the whole situation,

01:26:19.510 --> 01:26:21.950
I don\'t blame the students at all.

01:26:21.950 --> 01:26:24.883
I blame the schools and
I blame the landlords.

01:26:27.520 --> 01:26:29.783
- Do you think your kids
could do what I did?

01:26:31.204 --> 01:26:34.900
Will they be able to enter
the men\'s line like that?

01:26:35.980 --> 01:26:38.443
Or the women\'s line like this?

01:26:41.800 --> 01:26:43.660
- [Female Student] I\'m still 80K in debt.

01:26:43.660 --> 01:26:46.300
They didn\'t increase my
financial aid by one penny

01:26:46.300 --> 01:26:47.940
when my parents lost all ability

01:26:47.940 --> 01:26:50.410
to contribute money towards my education.

01:26:50.410 --> 01:26:53.710
I was a junior with excellent
grades, writing awards,

01:26:53.710 --> 01:26:57.383
and no financial support,
and NYU didn\'t care.

01:26:57.383 --> 01:27:00.197
- [Crowd] Fuck Donald
Trump, fuck Donald Trump,

01:27:00.197 --> 01:27:03.030
fuck Donald Trump, fuck Donald Trump,

01:27:03.030 --> 01:27:05.679
fuck Donald Trump, fuck Donald Trump!

01:27:05.679 --> 01:27:08.002
Fuck Mike Pence, fuck Mike Pence,

01:27:08.002 --> 01:27:10.783
fuck Mike Pence, fuck Mike Pence!

01:27:10.783 --> 01:27:13.568
Fuck Mike Pence, fuck Mike Pence!

01:27:13.568 --> 01:27:16.940
Fuck Mike Pence, fuck Mike Pence, fuck!

01:27:16.940 --> 01:27:20.320
- Like any cause or any
fight that goes on and on,

01:27:20.320 --> 01:27:25.320
people lose hope, and the
people that were fighting

01:27:25.510 --> 01:27:28.410
get stronger, and stronger, and stronger.

01:27:28.410 --> 01:27:32.213
And I tell you, don\'t lose hope.

01:27:33.124 --> 01:27:35.855
(\"From Bronx to Baghdad\"
by Laura Warfield)

01:27:35.855 --> 01:27:38.355
♪ No more war ♪

01:27:39.938 --> 01:27:44.938
(\"From Bronx to Baghdad\"
by Laura Warfield)

01:27:47.708 --> 01:27:50.318
♪ We\'ve got buildings, empty eyes ♪

01:27:50.318 --> 01:27:53.198
♪ Shattered bodies on both sides ♪

01:27:53.198 --> 01:27:58.198
♪ Years of tears and twisted
lies hiding evidence ♪

01:27:58.950 --> 01:28:01.894
♪ Blocking children in the dust ♪

01:28:01.894 --> 01:28:05.011
♪ All the best in men is crushed ♪

01:28:05.011 --> 01:28:10.011
♪ Done in the name of the
public trust, evidence ♪

01:28:11.047 --> 01:28:16.047
♪ Far past the time for resurrection ♪

01:28:16.489 --> 01:28:19.379
♪ Is this the way it ends ♪

01:28:19.379 --> 01:28:23.841
♪ Or were we born to rise up again ♪

01:28:23.841 --> 01:28:26.785
♪ From the Bronx to
Baghdad, scattered lies ♪

01:28:26.785 --> 01:28:29.592
♪ The truth don\'t hurt you
when you close your eyes ♪

01:28:29.592 --> 01:28:32.848
♪ Bulldozed over so you can\'t find ♪

01:28:32.848 --> 01:28:35.515
♪ Traces of innocence left behind ♪

01:28:35.515 --> 01:28:38.257
♪ You will tell our tale again ♪

01:28:38.257 --> 01:28:42.508
♪ And what will be the evidence ♪

01:28:42.508 --> 01:28:45.642
♪ Of our lives ♪

01:28:45.642 --> 01:28:48.725
(machinery drilling)

01:28:54.303 --> 01:28:57.069
♪ Pasted faces on the news ♪

01:28:57.069 --> 01:29:00.070
♪ Turning lies to sacred truths ♪

01:29:00.070 --> 01:29:05.070
♪ Facts concealed in appealing
views hiding evidence ♪

01:29:05.961 --> 01:29:09.008
♪ Empty stairs, frozen smiles ♪

01:29:09.008 --> 01:29:11.935
♪ Victory drinks over funeral pyres ♪

01:29:11.935 --> 01:29:16.935
♪ Bloody tracks on the
final miles, evidence ♪

01:29:17.423 --> 01:29:20.305
♪ From the Bronx to
Baghdad, scattered lies ♪

01:29:20.305 --> 01:29:23.217
♪ The truth don\'t hurt you
when you close your eyes ♪

01:29:23.217 --> 01:29:26.157
♪ Bulldozed over so you can\'t find ♪

01:29:26.157 --> 01:29:29.142
♪ Traces of innocence left behind ♪

01:29:29.142 --> 01:29:32.092
♪ Who will tell our tale again ♪

01:29:32.092 --> 01:29:36.258
♪ And what will be the evidence ♪

01:29:36.258 --> 01:29:39.847
♪ Of our lives ♪

01:29:39.847 --> 01:29:42.285
♪ From Hiroshima to Vietnam ♪

01:29:42.285 --> 01:29:45.090
♪ And all the wars that are yet to come ♪

01:29:45.090 --> 01:29:47.847
♪ Soon it will be dawn again ♪

01:29:47.847 --> 01:29:52.477
♪ And we will see the evidence ♪

01:29:52.477 --> 01:29:54.646
♪ From the Bronx to Baghdad ♪

01:29:54.646 --> 01:29:58.187
♪ From the Bronx to Baghdad ♪

01:29:58.187 --> 01:30:01.148
♪ From the Bronx to Baghdad ♪

01:30:01.148 --> 01:30:03.982
♪ From the Bronx to Baghdad ♪

01:30:03.982 --> 01:30:06.626
♪ From the Bronx to Baghdad ♪

01:30:06.626 --> 01:30:09.986
♪ Fro the Bronx to Baghdad ♪

01:30:09.986 --> 01:30:12.569
♪ No more wars ♪