IOUSA Live - Pete Peterson on Dangers to America's Economy

In this clip from "I.O.U.S.A.: Live," Pete Peterson talks about the biggest dangers to the federal economy today, both economically and politically - and how we can help eliminate those risks.

"I.O.U.S.A.: Live" was a one-night event with some of America's most notable financial leaders and policy experts, including Warren Buffett, CEO of Berkshire Hathaway; William Niskanen, chairman of the CATO Institute; Bill Novelli, CEO of AARP; Pete Peterson, senior chairman of The Blackstone Group and chairman of the Peter G. Peterson Foundation; and Dave Walker, former president & CEO of the Peter G. Peterson Foundation and former U.S. Comptroller General. The discussion was moderated by CNBC's Becky Quick.

The live panel discussion was simulcast to hundreds of theatres nationwide following the premiere of the documentary I.O.U.S.A., now showing in a theatre near you. For more information, visit http://www.iousathemovie.com.

Want to see more I.O.U.S.A.? Visit the I.O.U.S.A. website, www.IOUSAtheMovie.com. We've released a 30-minute condensed version of I.O.U.S.A. called "I.O.U.S.A.: Byte-Sized." It's designed specifically for watching and sharing on the web - for free.




Visit http://www.youtube.com/watch?v=O_TjBNjc9Bo today and check out the free byte-sized version of the film!

You can now own I.O.U.S.A. on DVD! The newly released DVD, with 125 minutes of bonus material, now enables even more concerned citizens to learn about the state of our countrys finances and take action!

Available at a local retailer or online at http://www.shoppbs.org/product/index.jsp?productId=3445713 and at http://www.amazon.com/i-o-u-s-David-Walker-Peterson-Foundation/dp/B001P9G3HE/...

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[krglongbourn]

yare so correct, the problem no one really tells the whole story. Keep most people dumb,no one is accountable Someday we will stop re-electing men, who continue to ignore the real people who pay there salary........when people become the power then will have change.

[CommentfromSyracuse]

The speaker, former hedge fund manager & Wall Street financier Pete Peterson, has put 1 billion dollars into funding a foundation, bearing his name. He has been waging a relentless and one-sided war against these programs starting in the 1970s. He and his paid staff are out of touch with millions of Americans whose lives are better for Social Security, Medicare, and Unemployment Insurance. They consistently fail to inform how the changes they propose would affect hard-working Americans.

[litxlit]

They do use graphics and man-in-street interviews to jazz it up, but only the motivated will show up to watch it. There were about 20 people in the audience tonight. It is very good, very concerning and by the way, our kids are completely screwed.

[sentienceISi]

I hope the whole movie isn't like this. I hope they use a lot of cool animated graphics, interviews, and mashed up clips of the government overspending. That's how you get people to pay attention. You don't do it by showing a bunch of guys talking at a forum most people wouldn't go to if they were paid to.