Friday, June 12, 2009

In Debt We Trust

In America's earliest days, there were barn-raising parties in which neighbors helped each other build up their farms. Today, in some churches, there are debt liquidation revivals in which parishioners chip in to free each other from growing credit card debts that are driving American families to bankruptcy and desperation.

IN DEBT WE TRUST is the latest film from Danny Schechter, "The News Dissector," director of the internationally distributed and award-winning WMD (Weapons of Mass Deception), an expose of the media's role in the Iraq War. The Emmy-winning former ABC News and CNN producer's new hard-hitting documentary investigates why so many Americans are being strangled by debt. While many Americans may be "maxing out" on credit cards, there is a deeper story: power is shifting into fewer hands, with frightening consequences.

IN DEBT WE TRUST shows how the mall replaced the factory as America's dominant economic engine and how big banks and credit card companies buy our Congress and drive us into what a former major bank economist calls modern serfdom. Americans and our government owe trillions in consumer debt and the national debt, a large amount of it to big banks and billions to Communist China.

Video is available for download from itunes here (Thanks John!):
http://www.itunes.com/movies/indebtwetrust


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2 comments:

Big John Julies husband said...

i just have to ask the question , why with all the landfills we have filled are we not building power plants and converting all the methane gas into electricity . or how about all those hybred automobiles with all that methane we could power alot of autos just something to think about.

Bun said...

Sadly, the world revolves around $$ and not the environment. Its probably more economical to dump these waste onto landfills instead of extracting methane from them.