A phenomenal discourse on why poverty exists when there is so much wealth in the world. A must see for anyone wanting to understand not only the US economic system but the foundations of today's global economy.
The fossil fuel industry is killing us. They have five times the amount of coal, gas and oil that is safe to burn - and they are planning on burning it all. Left to their own devices, ... See full summary »
It is happening all across America-rural landowners wake up one day to find a lucrative offer from an energy company wanting to lease their property. Reason? The company hopes to tap into a... See full summary »
In 2001, China joined the World Trade Organization with the strong support of a Democratic President and Republican Congress. Before the ink was dry on this free trade agreement, China ... See full summary »
The modern day Four Horsemen continue to ride roughshod over the people who can least afford it. Crises are converging when governments, religion and mainstream economists have stalled. 23 ... See full summary »
Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis ... See full summary »
G. Edward Griffin,
I.O.U.S.A. examines the rapidly growing national debt and its consequences for the United States and its citizens. As the Baby Boomer generation prepares to retire, will there even be any Social Security benefits left to collect? Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must mend its spendthrift ways or face an economic disaster of epic proportions. Throughout history, the American government has found it nearly impossible to spend only what has been raised through taxes. The film blends interviews with both average American taxpayers and government officials to demystify the nation's financial practices and policies. The film follows U.S. Comptroller General David Walker as he crisscrosses the country explaining America's unsustainable fiscal policies to its citizens. The film interweaves archival footage and economic ... Written by
Peter Peterson is one of the chief proponents of 'entitlement' reduction; i.e. Social Security and Medicare. Never in any discussion of deficits are the exorbitant sums spent for military boondoggles, outdated ineffective weaponry (corporate welfare) , uncontrolled and unexamined payments to our corrupt 'allies' (Karzai, Pakistani Intelligence Services, Israel). So be careful, especially if you're a boomer and just about ready to get Social Security - it may not be there if Peterson has his way. His argument sounds so sensible, unless you include the elements he's ignored. It's noticeable that there are almost no voices on this panel to protect Social Security & Medicare.
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