In Debt We Trust

Henk Elegeert hmje at HOME.NL
Fri Nov 14 16:03:15 CET 2008


REPLY TO: D66 at nic.surfnet.nl

In Debt We Trust (Full) - 89 min

http://video.google.com/videoplay?docid=-9016886482738598023&hl=nl

"
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. It is a journalistic confrontation with what former
Reagan advisor Kevin Phillips calls "Financialization"--the "powerful
emergence of a debt-and-credit industrial complex." 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
"

Keuzes die geen echte keuzes zijn ....

Henk Elegeert

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