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I.O.U.S.A. (2008)

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Few are aware that America may be on the brink of a financial meltdown. I.O.U.S.A. explores the country's shocking current fiscal condition and ways to avoid a national economic disaster.


Patrick Creadon
6 nominations. See more awards »



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Credited cast:
Robert Bixby Robert Bixby ... Himself
Humphrey Bogart ... Himself (archive footage)
Warren Buffett ... Himself
George Bush ... Himself (archive footage)
George W. Bush ... Himself (archive footage)
Jimmy Carter ... Himself (archive footage)
Bill Clinton ... Himself (archive footage)
Stephen Colbert ... Himself (archive footage)
Kent Conrad Kent Conrad ... Himself (as Sen. Kent Conrad)
Ander Crenshaw Ander Crenshaw ... Himself (as Rep. Ander Crenshaw)
Bing Crosby ... Himself (archive footage)
Douglas Durst Douglas Durst ... Himself
Dwight D. Eisenhower ... Himself (archive footage)
Gerald Ford ... Himself (archive footage)
Alan Greenspan ... Himself


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 Anonymous

Plot Summary | Add Synopsis


One Nation. Under Stress. In Debt.



Motion Picture Rating (MPAA)

Rated PG for some thematic elements | See all certifications »


Official Sites:

Roadside Attractions




English | Mandarin

Release Date:

14 November 2008 (UK) See more »

Also Known As:

Untitled Patrick Creadon and Christine O'Malley/Debt Project See more »


Box Office

Opening Weekend USA:

$61,313, 22 August 2008, Limited Release

Gross USA:

$820,967, 1 March 2009
See more on IMDbPro »

Company Credits

Show more on IMDbPro »

Technical Specs


Sound Mix:

Dolby Digital



Aspect Ratio:

1.85 : 1
See full technical specs »

Did You Know?


References Girls Gone Wild on Campus 2 (2003) See more »


Cruel to Be Kind
Words and Music by Ian Gomm (as Ian Robert Gomm) and Nick Lowe
© Universal Music-MGB Songs on behalf of Complete Music, Ltd. (ASCAP)
Performed by Nick Lowe
Courtesy of Anglo Rock, Inc.
Courtesy of Riviera Global Music, Ltd.
By Arrangement with Ocean Park Music Group
© 1978 Anglo Rock, Inc. (BMI) & Rock Music Company
See more »

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User Reviews

I.O.U.S.A. has some flaws
22 August 2008 | by folsominc2See all my reviews


This is a very fatalistic and realistic film about where our nation's financial security stands.

This is also a very deliberate ploy, no matter how many references to "non-partisan" they are proclaiming, to promote the Democratic Party in the next presidential election.

Like all films or media or crooked politicians, they are slanting the facts in to promote their own way of thinking and in this case, a way that will leave the American people to believe that the only salvation they will have are to vote a Democratic president into office. In other words, it is an Obama commercial.

Everything they said is perfectly true from the financial debt in the beginning of our country to the mess we have now and the reliance our financial security stands on a Communistic and non-democratic government, China. And don't forget the other real threat that if our financial debt fell into a worst regime such as a forceful Middle Eastern country.

However, what are some of the truths that they are not presenting?

The issue that our political leaders, Republican AND Democrat, are usually bought with "campaign funds" – in other words bribes – to sell out the American people. From foreign countries who do not want to pay heavy tariffs for importing junk into our country; to credit card companies and banks and financial institutions that are allowed to hike up the APRs on "fixed" and "adjustable" interest rates which increases bankruptcy and foreclosures on the middle and poor class citizens; to the health care fields who have little or no regulations on increasing the cost of necessary medicines; to giving citizen rights and health care to illegal aliens who broke the first law of our land in illegal entry to our country; to give the ACLU carte blanche to control and restrain our freedom of speech laws and if they win or lose, they get paid either way!

Other truths they are deliberately not referring to is the fact that Clinton and his administration – and wife – seemed to have pocketed quite a bit of funds for themselves. Where did the money go when Clinton pardoned at least 140 criminals – and millionaire traitors to our country – in the last two days of his office? Who benefited from renting the White House like a hotel to enemies of democracy? Why wasn't the threats to the World Trade Center stopped with the first bombing? What about the increase threats to the Freedom of Speech that we are battling today with "hate" crime laws and lowering the age of consensual sexual acts?

Bush has not been an angel. He has no idea how it feels to be poor making less than the average wage, no benefits and having to live in Affordable Housing by force. He gives tax breaks to those making $40,000.00 and up when the middle and poor need this much more, incentive bonuses to those who have made certain amounts of money, and much more.

Nevertheless, these are just a few of the problems that are the base of the country's problems that have caused us this tremendous financial burden. Once a country and the country's leaders – both Republican and Democratic – are willing to sell out their own people for a few more measly dollars, it is no wonder that our debt to the world is more crucial than our debt to ourselves.

During the live broadcast aired on Thursday, August 21 with such distinguished speakers as Warren Buffet and David Walker, it was very unclear on how the average American citizen could influence this issue and maximum spending.

The representatives stated that we should take care of our health, save money and vote to elect the correct officials that will listen to our needs and causes.

However, until they eliminate the possibility of "campaign funds," lobbyist for large companies that get little or no regulations, take away special governmental perks like free traveling expenses, voting in pay raises, and working multiple consecutive terms for the politicians – then we might get in some really honest men and women of all nationalities and creeds who will care about doing their job and remember their sworn oath and not care about acquiring all the freebees.

Remember a little known president called Harry S Truman? What is one of the personal idiosyncrasies he is well known for spurning? Franking. He refused his rights in this area and used regular postage stamps as any American citizen.

Until there are more like him or people of like minds to not fleece the common man, America will continue to go more and more into a financial decline jeopardizing not only our children's future but our own.

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