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Certainly.
Among other things, the video claims that the income tax is illegal/fraudulent and that the "average" American is not required to pay income tax on their wages. Nonsense.
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Why is it nonsense though? You making this statement is the same as saying it is horsesh*t. Please say why you think it is nonsense and horses*t and why you think this video is a lie. This video uses quite a lot of things to prove that it is a fraud and against the constitution which you haven't proven wrong by making these statements. You just making a statement that something is horsesh*t or nonsense doesn't hold much ground from my perspective.
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The movie also spouts off a number of patently ridiculous "theories" and suppositions about the Federal Reserve, silly conspiracy notions that have been thoroughly debunked as fraudulent many times over.
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YouTube - Ron Paul on Federal Reserve, banking and economy YouTube - Ron Paul 0wnz the Federal Reserve Quote:
The movie is about as much "documentary" as a John Wayne western.
Finally, the creator, Aaron Russo, is a liar. He continually says that his movie played to "ovations at Cannes", implying positive reviews at the famous film festival. In fact, what occurred was that he rented an inflatable screen and set it up on the beach in the city of Cannes, and curious onlookers straggled in to see what was going on, a few of them actually staying to watch the movie.
How's that?
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How is he lying? It was played at the Cannes. He never claimed it was played at the Cannes Film Festival.
So what does that have anything to do with the content in the video? His statement may have been an over exaggerated one or an outright lie if you interpret it the way you did but it doesn't make the movie/video any less of it self.