Here’s something you might want to watch on your next movie night. It might help you make some decisions about your money management.
“In Debt We Trust”
directed by Danny Schechter
WHILE MANY AMERICANS MAY BE “MAXING OUT” ON CREDIT CARDS, THERE IS A DEEPER STORY: POWER IS SHIFTING INTO FEWER HANDS… WITH FRIGHTENING CONSEQUENCES.
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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 a film from Danny Schechter, director of the internationally distributed and award-winning WMD (Weapons of Mass Deception). The Emmy-winning former ABC News and CNN producer’s new hard-hitting documentary investigates why so many Americans are being strangled by debt.
It is a journalistic confrontation with what former Reagan advisor Kevin Phillips calls “Financialization”—the “powerful emergence of a debt-and-credit industrial complex.” Could be interesting.