In Debt We Trust

http://www.MEDIAED.org

This hard-hitting documentary investigates why so many Americans - college and high school students in particular - are being strangled by debt. Zeroing in on how the mall has replaced the factory as America's dominant economic engine, Emmy Award-winning former ABC News and CNN producer Danny Schechter shows how college students are being forces to pay higher interest on loans while graduating, on average, with more than $20,000 in consumer debt. The film empowers as it enrages, delivering an accessible and fascinating introduction to what former Reagan advisor Kevin Phillips has called "the debt-and-credit industrial complex."

About Danny Schecter:

Danny Schechter is a television producer and independent filmmaker who also writes and speaks about media issues. He is the author of Falun Gong's Challenge to China, The More You Watch, The Less You Know, and News Dissector: Passions, Pieces and Polemics. He is the executive editor of the MediaChannel.org, the world's largest online media issues network.

Schechter is co-founder and executive producer of Globalvision, a New York-based television and film production company now in its 13th year, where he produced 156 editions of the award-winning series South Africa Now, co-produced Rights & Wrongs: Human Rights Television with Charlayne Hunter-Gault. His most recent human rights production, Globalization and Human Rights was co-produced with Rory O'Connor and shown nationally on PBS.

Schechter received his Master's degree from the London School of Economics and an honorary doctorate from Fitchburg College. He was a Nieman Fellow in Journalism at Harvard, where he also taught in 1969. After college, he was a full time civil rights worker and then communications director of the Northern Student Movement, worked as a community organizer in a Saul Alinsky-style War on Poverty program, and, moving from the streets to the suites, served as an assistant to the Mayor of Detroit in 1966 on a Ford Foundation grant. Schechter was a producer for CNN and a producer for ABC's 20/20, where during his eight years he won two National News Emmys.

Schechter was an adjunct professor at the Graduate School of Journalism at Columbia University. His writing has appeared in leading newspapers and magazines including the The Nation, Newsday, Boston Globe, Columbia Journalism Review, Media Studies Journal, Detroit Free Press, Village Voice, Tikkun, Z, and many others.

Category:

News & Politics

Tags:

• MEF
• commercial
• Danny
• Schecter
• credit
• media
• VISA
• MASTERCARD
• AMERICAN
• EXPRESS
• priceless
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[mgmanmike]

I know people that are in debt. Think about it this way: if you are poor and don't have enough money to live and you receive a bunch of credit card applications offering you money, would into dept to survive?

[Isreal4realz]

look at it this way, the country united states only existed about 300 years or something. when you try to compare that to history its just a spec. after 100 years after america falls no one will remember.

united states is only a hiccup in history

[inkey2]

I think that alot of young people get in debt because they know when the going gets rough their parents will bail them out. I have seen this time and time again. My parents, who both lived through the great depression of the 1930s, taught me at a very young age...."if you get in trouble we are NOT going to bail you out."....so be careful what you do.

[ragnarush]

even better Arrest Central Bank Owners, they are Criminal, they doing Humanity Crimes

[ragnarush]

shut down federal reserve bank system , and debts system will go away with it ,..get back to silver and gold money

[RonPaulGeorgeRingo]

Out of control BORROW & spend goes back decades. The current leverage crisis is just the LATEST example - the straw that FINALLY BROKE the camel's back. Don't forget, MANY WARNED about the DANGEROUS LONG TERM consequences back in the 80's, when Reagan took this CREDIT CARD approach to governing, injected it with steroids, & essentially made it PSEUDO conservative dogma, the NATIONAL RELIGION!

Ron Paul was RIGHT - in 1988, & in 2008. His LOST party (& country) ignored him. Shame.

[ISSAY68]

i got excellent idea for irresponsible,greedy scamming debtors out there....get your asses in debt declare bankrupcy 'coz uncle sam is in cahoots with you to bail you out because HE knows responsible taxpayers like moi will pay for your irresponsibilities....hahahha!­!!

[lexelence]

Try STUDENT DEBT KILLER program as seen on YouTube

[BeatBuddy]

Americans have a problem with the ego, that is one reason why they think they need to have every new gadget that comes in the market.

There was an amusing observation recently in an affluent neighborhood. One family double the size of their house. All the neighbors feeling inferior, in response, doubled the sizes of their houses too. This is what I'm talking about.

[eddietru]

It's the end of the scam as we know it and i feel fine.peace