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I.O.U.S.A.

I.O.U.S.A. (2008)

January. 19,2008
|
7.5
| Documentary

With the country's debt growing out of control, Americans by and large are unaware of the looming financial crisis. This documentary examines several of the ways America can get its economy back on the right track. In addition to looking at the federal deficit and trade deficit, the film also closely explores the challenges of funding national entitlement programs such as Social Security, Medicare and Medicaid.

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Tobias Burrows
2008/01/19

It's easily one of the freshest, sharpest and most enjoyable films of this year.

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Zandra
2008/01/20

The movie turns out to be a little better than the average. Starting from a romantic formula often seen in the cinema, it ends in the most predictable (and somewhat bland) way.

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Gary
2008/01/21

The movie's not perfect, but it sticks the landing of its message. It was engaging - thrilling at times - and I personally thought it was a great time.

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Logan
2008/01/22

By the time the dramatic fireworks start popping off, each one feels earned.

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fer1065
2008/01/23

This is just republican propaganda crap!Trying To scare Americans into signing away their paid right to social security.They want to steal that money too!!!The social security trust fund is not insolvent! So do not let your representatives take your retirement away from you.Do not vote for this idea or any along this path.If you do,you'll still pay FICA taxes the republicans will take,and you get nothing in return.Not even a "thank you".I can't believe all the laws GW Bush took away,including ones that covered this.Out and out lies,and calling them facts!Stuff like this should get Americans boiled up and make them take the republicans out of every seat in the house and senate.Be alittle intelligent and don't fall for this "scare tactics" propaganda piece aimed at taking your hard earned money away from you and into their pockets.

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Flash-349846
2008/01/24

The subject of estimated unfunded liabilities of the Federal Government did not originally come from David M. Walker, the former head of the GAO. Dr. Lawrence J. Kotlikoff and Scott Burns wrote a book on this subject much earlier (Lawrence J. Kotlikoff and Scott Burns, "The Coming Generational Storm, What You Need to Know about America's Economic Future," MIT Press, Cambridge, MA, 2004).In this book, Dr. Kotlikoff also states that in 2002 Paul O'Neill, George W. Bush's first Secretary of the Treasury, had asked Dr. Kent Smetters to use generational accounting to estimate the unfunded liabilities of the U.S. Government in the future, which was then done with a Dr. Gokhale. The report had been included the 2004 Budget. However, when the White House (i.e. Bush, Cheney, and their cohorts) found out about this, they removed the study from the 2004 Budge and fired Sec. O'Neill.The publicity that David M. Walker has been getting for himself by talking about this very serious problem has helped bring it to the light of the TV talking heads and the makers of this movie, but Drs. Kotlikoff, Smetters, Gokhale, and others are not getting the credit that they deserve, which I consider a serious injustice. If this were being conducted in peer reviewed journals, it might be considered to be on the verge of professional misconduct.If I were an adviser for Barak Obama (which I am not) or John McCain (which I am not), I would recommend Drs. Kotlikoff and O'Neill to be senior Economic Advisors to the President and/or Secretary of Treasury or both. Everyone that wants to know more should read Kotlikoff's book or its most recent update (if there is one)

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folsominc2
2008/01/25

I.O.U.S.A.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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ZMAN738
2008/01/26

This is the truth of the matter. We, as Americans, are living far beyond our means. Don't blame Me, You or Curly Sue but we are in a "Black Hole". Our 9 TRILLION National Debt will kill the U.S. economy in just a few short years if we do not, now, as a Nation, start to take preventive action to avoid the meltdown. Social Security and Medi-care will suck up huge resources from the Federal budget, as the film suggests. Our Chinese Masters may soon call "All In" as they say in poker. Should we call the bluff and re-allocate monetary resources away from "Intitlements," which suck up large amounts of money, we still will be at a disadvantage in the long run. We need now to cut the fat from the bone if we are serious about surviving, as a Nation, the next 20 years.

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