IN DEBT WE TRUST (MOVIE TRAILER)

Lorenzo Fenix Presents: An in-depth account of the ins and out of the credit card business in America. In Debt We Trust was written, Produced and Directed by Dannny Schechter. Once you watch this movie, you'll gain valuable insight into the credit card game.

Category:

Entertainment

Tags:

• Debt
• Credtit
• Cards
• American
• Society

[scapino7]

If you are serious, your lack of integrity in posting that comment here is actually hilarious.

[bigmacattack05]

pretty simple, stop spending money you don't have. except your obviously your mortgage.

[giiwed]

there is a huge problem with how money is distributed amongst the population.....i mean there is probably like 2 billion people who dont have enough food, money, and energy(fossil fuel, electricity, etc.) but there is also another 2 billion people who use too much of our food, water, and energy supply.... there must be real change to our lifestyles if we want to live sustainably but it seems everyone is trying to live as long as possible without having to change their way of life......laziness

[prayfortruejustice]

do something ! 

swarmusa com

[kingofthepaupers]

"Stop spending money you don't have (anti-social credit loans) or the interest will kill you. Or turn off the interest feedback and start spending money you don't have (social credit loans) whose Principal you will try to pay back in full.

I prefer people start using their social credits rather than leave credit allocation in the hands of the private banks.

[kingofthepaupers]

Jct: There's nothing wrong with credit cards. It's only the interest that's the rip off. I don't mind paying back the debt for stuff I got, I only mind paying for the growth of debt for which I got nothing.

Sure borrowing anti-social credits in the death-gamble mort-gage is bad but borrowing social credits is good.

[kingofthepaupers]

Jct: Yes, though it makes a minor mistake in its reserve ratio presentation, it is the first to present the P/(P+I) equation for the ratio who survive when all got the Principal and all owe Principal + Interest.

They didn't finish the derivation to get the remainder, the Turmel Miracle Equation, the ratio who get knocked out of the mort-gage death-gamble into foreclosure I/(P+I).

But they're the first to get half-way there.

[kingofthepaupers]

Jct: Sounds like another "things are bad" kind of movie so I doubt they take time to look at the silver lining in all the clouds, the propagation of interest-free time-based currencies. When you can spend phone minutes like cash, you'll deposit your check with the phone company, not the bank. Ithaca Hours, LETS, Timedollars... See the blueprint of the banking system in my video "How Banks Create Money" at my kingofthepaupers channel.

[Rickdeckard2020]

I recommend seeing "Money as Debt" its an interesting perspective

And the Debt is half the story imo, decades ago a lot of families could, with 1 income, pay for a house and a family and make ends meet without too much debt. Now a lot of people can hardly make it on 2 income, a family works twice as much for less. We are getting screwed.

[ktizzler1973]

I hope there is a giant pit reserved in hell for all of the credit card/insurance company cronies! I read people posting here, well poor people should manage their money... Shit! they weren't born rich! How the F do they manage money they don't have? Credit cards were created for poor people, so they'd fall farther into debt, making more money for these ASSFACES!

BURN IN HELL YOU CORPORATE FAT CATS! Enjoy your 100 steak, while the folks who paid for that for you, have nothing!

[waverly2468]

A year ago this was just a documentary. Now this run-up in debt has become a Dow Jones disaster (Dow closed at 8450 today). All of that student loan debt, credit card debt, sup-prime debt, hedge fund debt, debt swaps, etc. is everybody's problem. Lehman Bros. was leveraged 30 to 1. They borrowed money to buy crummy mortgaged backed bonds. Read "Trillion Dollar Meltdown" by Charles Morris.

[allbycreditcard]

I wonder how much money is made off of people that are in debt.