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UID:Indybay-18631073
SEQUENCE:18691780
CREATED:20091201T223300Z
DESCRIPTION:Long gone are the days when Americans prided themselves—both as 
 individuals and as a society—on remaining free from debt. Since World War 
 II, in fact, easy credit has gone a long way toward fashioning the Consumer 
 Society. \n\nIn Debt We Trust shows how the mall replaced the factory as 
 America's dominant economic engine and how big banks and credit card 
 companies buy our Congress, driving us into what a major bank economist 
 calls " modern serfdom." Today Americans and their government owe trillions 
 in consumer and national debt, most of it to big banks and to China. A 
 former prosecutor reveals that many of these loans are worse than mafia 
 loan-sharking practices. An ex-credit card executive explains how ad 
 campaigns are deliberately deceptive and misleading. And one top government 
 official compares the USA today to Rome before its fall. \n\nFilmmaker and 
 journalist Danny Schechter (WMD: Weapons of Mass Deception) investigates 
 Americans' ongoing love affair with credit cards and the staggering level 
 of personal debt they encourage, devoting special attention to the 
 connections between Congress and the credit card industry. The last film in 
 this year's Documentary Film Series, this is also one of the broadest in 
 its appeal. As many of us know painfully well, credit card companies have 
 used the current recession to increase their various fees. \n\nDiscussion 
 will be led by Carol Brouillet, founder of the International Media Project 
 and Community Currency. \n 
 https://www.indybay.org/newsitems/2009/12/01/18631073.php
SUMMARY:Free Documentary "In Debt we Trust"
LOCATION:Fremont Main Library\n2400 Stevenson Blvd at Paseo Padre\nFremont Ca 
 94538\n510-745-1400
URL:https://www.indybay.org/newsitems/2009/12/01/18631073.php
DTSTART:20091212T213000Z
DTEND:20091213T000000Z
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