If you are concerned about the rapidly growing national debt and its likely effects on life down the road, you may want to check out the new documentary I.O.U.S.A., which is being given a one-night showing in theaters nationwide on August 21, in hopes of generating enough interest to merit theatrical distribution. Here’s their blurb:
Wake up, America! We’re on the brink of a financial meltdown.
I.O.U.S.A. boldly 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. Wielding candid interviews with both average American taxpayers and government officials, Sundance veteran Patrick Creadon (Wordplay) helps 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.
With surgical precision, Creadon interweaves archival footage and economic data to paint a vivid and alarming profile of America’s current economic situation. The ultimate power of I.O.U.S.A. is that the film moves beyond doomsday rhetoric to proffer potential financial scenarios and propose solutions about how we can recreate a fiscally sound nation for future generations.
Pointedly topical and consummately nonpartisan, I.O.U.S.A. drives home the message that the only time for America’s financial future is now!
The critically-acclaimed documentary film I.O.U.S.A. was concieved of, co-written and executive produced by Agora Financial‘s Addison Wiggin. In July 2008, the film was acquired by The Peter G. Peterson Foundation. It will be featured in a Live Premier with Warren Buffet, Pete Peterson and David Walker in 400 theatres around the nation on August 21st, 2008. To find out more visit the film’s official site or click here to locate a theater near you.
And, if you’re interested, here is the trailer: