Free Debt/Credit Documentary - In Debt We Trust

Posted by The Happy Rock on September 21, 2008

No, not through Napster or some other torrent, but through the unique site Snag Films. The current offer over 300 independent documentaries for absolutely nothing. They have quite a few quality films on there, so be sure to check it out if documentaries interest you.

One of those free films is In Debt We Trust. Here is the description of the film :

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. And with frightening consequences.

I have watched the first 20 minutes and it is quite well done and interesting, but it is hard for me to carve out 98 minutes to sit in front of the computer to watch it. For those that are getting out of debt or even for those that don’t think debt is all that bad it will provide some well meaning fuel to keep the debt destruction fires burning.

Break out the popcorn and the scissors to cut up some credit cards and enjoy the show.

» Filed Under Debt Elimination, Psychology of Debt, Psychology of Spending

Trackbacks/Pings

Carnival of Personal Finance #172 - Meltdown Edition on September 29th, 2008 5:52 am
Carnival of Personal Finance | My Journey to Millions on October 1st, 2008 9:42 pm

Comments

6 Responses to “Free Debt/Credit Documentary - In Debt We Trust”

Time Tracker (1 comments.) on September 22nd, 2008 6:33 am

As a New Yorker, I remember the day that the national debt clock at 43rd and 8th actually hit zero and stopped. That was about 8 years ago now, I think. With all the development in NYC, I’m not even sure there’s enough space for a new clock.

Thanks for the tip, was looking for something interesting to watch over the weekend. In Debt We Trust is on my to do list this coming Sunday.
Glory (17 comments.) on September 23rd, 2008 7:30 am

thanks for this article, I enjoyed it very much
Lening (1 comments.) on September 24th, 2008 11:22 am

I too hate watching movies on the computer. The movie looks interesting though so I think I’m going to watch it tonight.
DebtKid (2 comments.) on September 29th, 2008 1:44 am

Nice find! I’ve been wanting to see this flick, heard some good (and not good) things about it, so my interest is piqued.