Tuesday, September 29, 2009

Maxed Out - A documentary that unveils the consequences of our collective addiction to debt.



With sobering facts and black humor, this thought-provoking documentary unveils the consequences of our collective addiction to debt -- including its contribution to the vanishing act of a once-robust American middle class. Investigating both Americans' personal debt and the government's growing national debt, the film explores the staggering financial burden we live with every day and sheds light on the contemporary financial industry.

I just watched this documentary and was absolutely taken back by some of these stories and the way in which the government doesn't question the credit card companies (mostly because they are HUGE contributors to political campaigns). Wow.

And out of the smoke, there's a glimmer of hope. New act to prohibit credit card companies on campus

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