In Debt We Trust

Driving to work yesterday I heard Danny Schechter on the Thom Hartmann show, which was broadcasting from the Take Back America conference. He was talking about his new movie, In Debt We Trust: America Before the Bubble Bursts. He was talking about how 2 million households are facing foreclosure, and how worried people are on Wall Street about the housing market in general--with ARMs readjusting to unaffordable rates, and housing prices falling in many parts of the country. It's hard to know how worried about this to be, but I think it is definitely a huge concern as America becomes more and more burdened with debt--both personal debt and a national debt that seems to be rising out of control, as we borrow more and more money to pay for this war we just cannot afford.

Danny Schechter did another movie a few years back, Counting on Democracy, that revealed much of what was behind the election fiasco of 2000 in Florida, pulling heavily from Greg Palast's work--exposing how voter disenfranchisement and other machinations led to the theft of the Presidency. It was very well done, and I'm much looking forward to seeing his new movie.

Links:
In Debt We Trust
Counting on Democracy