A critically acclaimed new documentary about the US economy, how the budget deficits are effecting the country, the ability to fund social security and medicare in coming years, are all discussed in I.O.U.S.A opening tomorrow around the country.
Reuters said this movie “May be to the U.S. Economy what An Inconvenient Truth was to the environment.”
In an exclusive one night event in select movie theaters nationwide, tomorrow, Thursday, August 21st. will include the critically-acclaimed documentary, I.O.U.S.A., and a LIVE discussion about America’s economic crisis and what we can do to change course.
The live discussion with 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, president & CEO of the Peter G. Peterson Foundation and former U.S. Comptroller General, promises riveting dialogue and keen insight into the crisis we currently face.
The panel will be moderated by Becky Quick, co-anchor of CNBC’s morning news show Squawk Box.
To find a theater near you that will be showing the move and the live discussion go to:
I’ll be watching this. Thanks for the heads up, Mike.
This has been on my calendar for a while too. VERY IMPORTANT film.
“May be to the U.S. Economy what An Inconvenient Truth was to the environment.”
A bunch of made up statistics hosted by a loser has-been? 🙂
Would be fun to see that movie
Damir
I don’t think its going to be “fun”.
Its going to be an eye opening education for Americans to see the financial situation this country is in.
Today Shares of Fannie Mae and Freddie Mac lost more than a quarter of their value.
Since Monday, stock in the two companies — which together hold or guarantee half the U.S. mortgage debt — have plunged more than 45 percent.
NO FUN HERE
I have been blogging about this film on Alpha Alerts most of this week. This will be the most important economic wake-up call up the last decade.
Friday, August 22,2008 may be called “The Day After”, as this hits mainstream media. I have watched Gold, Silver and the Dollar manipulated by the central banks etc….. and I am curious to see the next 12 months market fiascos.
When the Average Joe finally wakes up to the crisis we are in it will be too late for most of them. The housing/credit mess is the tip of the iceberg and we have been partying onboard the Titanic.
Kelly,
They say that it’s time to sell when everyone and their uncles are optimistic and to buy when they are deeply pessimistic. There’s no doubt the economy is in bad shape but short of a nuclear attack or a giant asteroid collision, the US will eventually pull through and many people who play things right right now will be very wealthy in a few years. Your pessimistic post and this documentary is a signal that I should consider going back to the stock market soon.
BTW, I love your hand reg’s, calltoactiondomain(s).com.
Tony,
I haven’t left the market yet! There is plenty of money to be made on shorts as well as longs. I do very well for myself in the market but I feel pretty bad for the majority that have clearly been scr*wed.
I feel I can be socially conscious, realistic and make money at the same time – but my upbringing insists on being both the first and the second and in that order.
That’s why I think it is important to recognize that we are in a tremendous economic hardship for many, many people not only in this country but across the globe. It is only with this understanding that people engage in philanthropy and work towards solving the world’s problems.
If we convince ourselves only that “this too shall pass” and the US will eventually pull through and those who play it right might become wealthy in a few years we remain numb to those that are suffering around us.
Anyway, Tony, I know that what you said was trying to spin things towards a positive note which is always a very helpful way to see things in a downturn, so I am not judging your positiveness. I am just using it as an opportunity to remind everyone to consider the other shoe.
BTW, I have a ton of REALLY good domains listed on UpMarketUrls.com!
US bank ‘to fail within months’ said Kenneth Rogoff. another Bear Stearns like scenario prediction? Isn’t it illegal to interfere in consumer confidence in such a way, especially during current state of the economy?
Oyster,
The list of banks and their current status – A to D +++ to — is listed publicly on many financial websites, blogs, newspapers, periodicals etc… which the Average Joe doesn’t read or even know about. Right now consumer confidence is shaped by the slow leak of sound bites and misconstrued analysis by the news media.
Absorbed in manageable chunks it doesn’t appear “too bad” to the average guy on the street – UNTIL – the real news catchyes up with the reality of his pocketbook, life savings, job and spending habits. Then, and only then does the giant awaken.. History repeats. Always.