How can I record Flash streaming video and save it to Desktop?

This is NOT a YouTube video. It is hosted on livestream.com.

I cannot find the FLV link. I just want to download it because the streaming video does not allow you to fast-forward or rewind. I have VLC and it looks like it has a built in capture device but I’m not sure if it can do this or if it can, I’m not sure how it works.