In Debt We Trust ~ Scarey!

A friend of mine posted this movie on her facebook today. Although it is an hour & a half long, if you are not educated about HOW credit cards work, WHY they are so successful at making money (most Americans simply do not care to inquire about this) it is worth watching because the information is invaluable! Better to be informed AND educated about how credit effects your family, than simply ignorant or apathetic. After and hour it features the Democratic group ACORN and we all know how credible they have been. UGH! Although you do have to "eat the meat and spit out the bones" it is worth watching to get a well rounded view of how we can control our own economic health!
It is produced by a man that says he is bi-partisan and is a skeptic of typical media, but I will really appreciate his efforts once he makes a movie on how Obama was elected by the media!

Here is the desciption of the video:
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.

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