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dvd cohorts
In Debt We Trust
DVD
NR (Not Rated) :: Disinformation ::
Released:
2007-04-24
$13.74USD
In Stock
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$21.14
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Rank:
#21824
Rating:
4.5/5 (13 Reviews)
5/5
The usurious state of America
by J. L LaRegina (New Jersey)
While on vacation several years ago my wife and I got roped into a timeshare presentation. At the end, I told the salesman, "We don't have the money for it."
He smiled, saying, "Finance!"
Finance vacation? A house and a car are the only purchases for which one should borrow money. And I'm not even sure about borrowing for a car as I pay cash for mine, but then, I buy only used models.
The documentary IN DEBT WE TRUST shows just how legal loan-sharking has become in the United States. Credit card companies and subprime mortgage lenders break Americans who have not already lost their shirts to unemployment and medical bills. Perhaps no one forces people into the traps of A.P.R.s and A.R.M.s, but this film demonstrates how the creditors hoodwink their victims. Holding a gun on them would be honest, at least. IN DEBT WE TRUST includes testimonials from people who should have put off that vacation rather than take a loan for it or kept renting rather than buy a home. That smiling timeshare salesman may as well have told me, "A place to go on vacation every year? Priceless."
And what do America's leaders have to say as this consumption culture destroys people's finances? As George W. Bush and Rudy Giuliani said shortly after the 9/11 terror attack, "Go shopping." Later, Bush would sign a bill limiting Americans' bankruptcy options.
See IN DEBT WE TRUST.
1/5
Wasting Money
by R. Scott (Tennessee)
The least informative documentary I have ever seen and I am a career student. This documentary provided no proof for its claims. All of the claims are backed by indivdual opinions with no creditability. Dont waste your money... Email me and I will mail you my copy.
5/5
awesome docu and the music is great!
by J. Forst (Farmington Hills, Michigan United States)
This docu is as informative as it is depressing but needs to be watched by EVERYONE. You should buy this just for the "indie" debt songs sprinkled throught. I love it! Now off to spend w/ my credit card :)
5/5
A Must for Young Adults!
by James A. Goodman (Utah)
This is clearly a great flick that lets the viewer 'see' how the banks view you the credit consumer. It really goes into accurate detail on how the finance industry is trying to snare consumers from and young age and create a generation of debt slaves. They also have a chilling prediction on where all this 'debt' is heading. I highly recommend this flick.
4/5
In Debt We Trust
by George Satterthwaite (Fort Washington MD USA)
Very enlighteniing on the development of the debt problems we all face especially how we have gotten there with many ideas as to how to decrease our debts and change our purchasing patterns.All families and individuals should view this, an eye opener.
In Debt We Trust Summary
Just a few decades ago, owing more money than you had in your bank account was the exception, not the rule. Yet, in the last 10 years, consumer debt has doubled and, for the first time, Americans are spending more than they're saving -- or making. This April, award-winning former ABC News and CNN producer Danny Schechter investigates America's mounting debt crisis in his latest hard-hitting expose, IN DEBT WE TRUST.
While many Americans are "maxing out" on credit cards, there is a much deeper story: power is shifting into fewer hands...with frightening consequences. IN DEBT WE TRUST reveals a hitherto unknown cabal of credit card companies, lobbyists, media conglomerates and the Bush administration itself, which has colluded to deregulate the lending industry, ensuring that a culture of credit dependency can flourish. In the film, Schechter exposes the mechanisms and machinations behind the hidden financial and political complex that allows even the lowest wage earners to indebt themselves so heavily that house repossessions have become commonplace. One expert in the film goes so far as to dub this "21st-century serfdom."
Inspired by scholar Robert Manning - one of the films' key advisers' - and his seminal book "Credit Card Nation", IN DEBT WE TRUST showcases his insights about the impact of debt on young people and our society. It also suggests the kinds of practical efforts needed to empower the public with information to avoid the traps of debt dependency.
The whole world depends on the economic stability of the United States. Yet, as its national and consumer debt escalates, our interconnected global economy is at incredible risk. IN DEBT WE TRUST, as timely and relevant as a film can be, delivers an urgent warning that can't be ignored.
In Debt We Trust DVD Techincal Details
Cast:
Director:
Danny Schechter
Aspect Ratio:
1.78:1
Rated:
NR (Not Rated)
Running Time:
98 mins
UPC:
826262003593
Binding:
DVD
Studio:
Disinformation
Release Date:
2007-04-24
Region Code:
0
Specs:
Color, NTSC
Language & Subtitles
(),
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