Topic: National Debt

Drowning in debt: I.O.U.S.A. examines the state of the nation’s bankbook

By Christine Anne Piesyk | August 21, 2008 |

For one night only, Nashville’s Opry Mills and Green Hills cinemas will screen I.O.U.S.A., a Sundance award-winning documentary on the state of the nation’s finances The screening, which starts at 7 p.m. CST, is integrated into a broadcast panel discussion.

The live discussion with America’s most notable financial leaders and policy experts, including Warren Buffett, CEO of Berkshire Hathaway; William Niskanen, chairman of the Cato Institute; Bill Novelli, CEO of AARP; Pete Peterson, senior chairman of The Blackstone Group and chairman of the Peter G. Peterson Foundation; and Dave Walker, president & CEO of the Peter G. Peterson Foundation and former U.S. Comptroller General, promises riveting dialogue and keen insight into the crisis we currently face. The panel will be moderated by Becky Quick, co-anchor of CNBC’s morning news show Squawk Box.

From the producers of Wordplay and the studio that brought you Supersize Me, the must-see documentary I.O.U.S.A. uncovers the source of critical economic concerns that touch the lives of every American. A tapestry of archival footage, hard data and candid interviews woven together, it paints an authentic profile of today’s economic condition. Solutions for how we can impact this nationwide crisis and evolve into a more fiscally sound nation for future generations are offered by the documentary’s powerful conclusion. «Read the rest of this article»

Sections: News | No Comments

Presidential nightmare comes at a cost

By Bernie Ellis | November 19, 2007 |

Seven years ago this month, Bush stole his first election with the help of his Daddy’s Supreme Court appointees. In 2004, he accomplished that same feat with the help of his friends who owned the electronic voting machine companies.

Today, though there is no longer a single state where Bush enjoys majority support and his foreign policy failures abound, Bush still claims to have created a robust economy. Let’s look at some comparisons:

• Seven years ago, you could buy a Canadian dollar for $.59 — now it costs you $1.07.
• Then, you could buy a Euro for $.97 — now it costs you $1.43.
• Then, you could pickup a gallon of milk for $2.87 — now the price has risen to around $4.18.
• Then, a gallon of regular gas cost $1.44 — now it’s over $3.00 (and rising fast).

«Read the rest of this article»

Sections: Issues, Opinion, Politics | 2 Comments