"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." -Abraham Lincoln

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-US Economy 102.

August 24th, 2008 · 1 Comment

You may have seen a lot of movies  Rambo, Terminator, Matrix, Autumn in NY, You have got mail to name a few but you have never seen one like this before. How can I say that so confidently ? because they never made one like this before this film is unique.
The film also featured interviews with prominent businessmen and officials from both major political parties, such as former Federal Reserve chairmen Alan Greenspan and Paul Volcker and former U.S. Treasury secretaries Paul O’Neill and Robert Rubin.
“Without savings, there is no future,” Greenspan said in the movie.
The film that was shown Thursday in 358 theaters nationwide details the federal government’s debts. The movie is backed by Peterson who co-founded the Blackstone Group LP private equity firm and served as commerce secretary under President Nixon
This might be getting a little confusing by now ..these guys (Alan Greenspan, Paul Volcker etc) are not film actors then what are they doing in a film ?you may ask well they sure don’t know how to act in a film..but what they are trying to tell you is that you might owe mortgage on a $750,000 home and you don’t even know about it since they could not find a better way to inform you about it. They  landed up making a film, and they actually expect you to go see it.

If your head is spinning even more and if you’re thinking - Vinny has really gone crazy this time.let me assure you I haven’t .take a chill pill read a previous post I made back in May-08 and it will slowly start to make sense .. http://www.diwakars.com/wordpress/2008/05/ecnomoy-101/
Continue reading here only after you have gone through my previous post
Now, That movie “ it is called I.O.U.S.A. Looks like Mr. David M. Walker and others have had it. They have finally come up with a complete film about United States budget shortfalls and problems. They are hoping this film will wake up America and people will start to talk about these gaps in budgeting, fiscal ir-responsibility and take the debt seriously. Video clips you saw in my previous post are glimpse of what that film might offer.(I have NOT see that film yet !) so it’s my guess.
Given the credential Mr Walker has…and if you think he knows what he talking about, you must see this movie, who knows you actually might be doing yourself a favor.
If you think Mr. Alan Greenspan knows what he is talking about (“Without savings, there is no future,” Greenspan said in the movie. ) you should cut down on all un-necessary expenses NOW and start saving TODAY !.
Click on the video or the link to see I.O.U.S.A. movie trailer..

Here is a link to a website that has been setup for this movie
http://www.iousathemovie.com/
and here is link to theater listings for the movie.
http://www.iousathemovie.com/events/listingsaugust22/
If you live in United States I hope you realize that party is over
 [views and opinions expressed here are mine and you need not agree with them. You sould not make any decisions - financial or otherwise based upon material provided here on this blog , for that you must contact  professionals in the relevant area and seek their help ]

Tags: Finance & Economy

1 response so far ↓

  • 1 Stacey Derbinshire // Aug 24, 2008 at 1:00 am

    Hi,

    I’m just getting started with my new blog. Would you want to exchange links on our blog-rolls?

    BTW - I’m up to about 100 visitors per day.

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