Wednesday, August 20, 2008


Tomorrow evening, Thursday, 400 theaters in
the U.S. will show the documentary I.O.U.S.A.
Please check your local area for theater and
time. The importance of this documentary
is that it addresses the indebtedness and the
bankruptcy of the U.S. The movie was put
together my David Walker, the former Comptroller
of the Treasury, and a number of other professionals
who know the seriousness of U.S. finances.
The U.S. is $53 Trillion in debt, and by 2040
the country will be a third world bankrupt nation.
Democrats and Republicans ignore the crisis. If
we think that there are problems on Wall Street and
in our credit markets now, the problem will only
intensify over the coming years. The government
will continue to bail these companies out with
non-existent money. The government has already
intervened three times this year with Wall Street,
Fanny Mae, and Freddie Mac.

The movie will be followed by a a "live" discussion
with Walker, Warren Buffet, Concord Coalition and
others. I hope that there is a theater in your areas
and you can plan on attending. There is one here
in Jackson, unbelievable! More information can be
obtained by searching iousathemovie. If I could find
it, I'm sure anyone can do a google search and find it.

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