Archive for April 13th, 2007

Debt Documentaries

As much as I read a lot of books,  I find documentaries also interesting. Take it from me, I watch a lot of them on many different topics, but the latest I have taken notice to are about debt in America. Why does America use credit so much? Not all debt is necessarily bad debt, some of it will open more opportunies in your life. Want to get an advanced job that requires specific skills with a high school diploma? Good luck, because that’s all you have. This is where college becomes crutial to young adults, the sooner that is realized the more advancement is possible. For people who claim they cannot afford to go to college are lieing to you. Are you a poor investment? Student loans for many are the only way to foot that tuition bill, among working a lot of crappy jobs for spending money.

I figured I would highlight some of these out there for those who have not heard their names thrown around. The latest one is “Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders”, which you can see some clips and a synopsis at their website maxedoutmovie.com. Another interesting one is “In Debt We Trust”, same guy who did “WMD: Weapons of Mass Deception” (do the terrorists not count as WMDs?), website at indebtwetrust.com. These are only the latest ones that caught my eye, there are many others out there.