DM, you're too funny.
When did that video come out? And in what city?
I think it's bogus, all that paranormal stuff. I don't think people are crazy or stupid for believing in it, and I can understand how it can be convincing to some, but I don't believe in any of it: ghosts, UFOs, etc. I think there's a normal explanation for most of those sightings that we just don't know, like some scientist testing out his new aircraft, or secret projects and stuff.
By the way, in the video, that was one of the most unflattering camera shots in the history of the world... what idiot behind the camera decided to shoot upwards into the guy's t-shirt? Horrible.