Mon 10 Apr 2006
Powerful New Documentary Film Raises Awareness Of America’s Debt Crises
Posted by k under Democracy , Globalization/EmpireNo Comments
TIME-BOMB: America’s Debt Crises – Causes, Consequences and Solutions – A Documentary Film By John F. Ince www.time-bomb.org
The American Fiscal Responsibility Campaign (“The Campaign”) is a bipartisan effort designed to raise awareness of America’s debt crises and put pressure on our leaders to address these crises. At the heart of “the campaign” is a powerful new documentary film entitled: TIME-BOMB: AMERICA’S DEBT CRISES, CAUSES CONSEQUENCES AND SOLUTIONS. This film puts the spotlight on America’s exploding national debt and the fact that our leaders are risking our country’s economic future through shortsighted fiscal policies. TIME-BOMB shows why the hard-earned assets of all Americans are at risk and, on a more profound, level shows why democracy itself is threatened.TIME-BOMB is a remarkable film not only because it offers a penetrating analysis of perhaps the most dangerous threat facing America, but also because it does it in a thoroughly engrossing and entertaining manner. Â TIME-BOMB takes the Michael Moore genre and applies it to the spheres of economics and political science with a delicate blend of humor, musical parody and serious inquiry.TIME-BOMB exposes George W. Bush’s faith-based, supply side economics for what it is: nothing more than pie-in-the-sky wishful thinking. Â It shows how George Bush squandered a $5 trillion government surplus and now runs record deficits in one of the greatest miscalculations in human history.
– This movie presents a powerful argument why young people should be especially concerned about America’s debt TIME-BOMB, because it is the their generation that will have to deal with the consequences of the problems we’re creating with our heavy borrowing from abroad.
– TIME-BOMB shows why America’s current borrowing binge is the most dangerous threat facing America today. Yet the issue never surfaced in a serious way in the 2004 Presidential election. Perhaps this film will help to insure that Congress and the executive branch will be held accountable for their fiscal responsibility in the 2006 midterm elections.
– With the recent release of the documentary film, TIME-BOMB, finally we have an intelligent movie that puts the spotlight on America’s growing economic vulnerability to heavy borrowing from abroad. It clearly explains how our shortsighted fiscal policies and a binge of government borrowing are placing America’s economic future in jeopardy. Robert Myers, Financial Analyst, New York City
“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” – John Maynard Keynes
“Unless the pernicious drift toward fiscal instability in the United States is not arrested, the adjustment process will be painful for the world economy.” Federal Chairman Alan Greenspan