Monday, September 29, 2008

Maxed Out

Despite being an avid horror movie fan, I have become addicted to documentaries lately, especially social and political ones.

So considering the latest financial crisis looming, I decided to finally check out the DVD Maxed Out.
Maxed Out takes viewers on a journey deep inside the American style of debt where things seem fine as long as the minimum monthly payment arrives on time. Shocking and incisive Maxed Out paints a picture of a national nightmare which is all too real for most of us.Runtime: 87 mins

While I could gather what it was about from the title and brief description alone, it did provide a peek into some aspects of American debt that I was not aware of. Such as the average American household has at least $9,000 in credit card debt. As well as a brief hint into credit or debt related suicides in the population.

I already knew a few things this DVD seeks to inform the viewer of. How could most of us not be aware that most Americans are behind on bills and credit and debt are both sky high at this time in our nation's history? That most people will never pay off their credit cards before they die, and the majority of citizens have credit card debt, hence the title Maxed Out.

Maxed Out DVD

Maxed Out does include some entertaining clips of the major credit card company lobbyists and spokesman before congress and you can clearly see the influence they do have. You are briefly informed about Bush and the bankruptcy reform, but I felt it could have went a little more into real estate debt. However, I do understand this documentary was focused on credit card debt as opposed to the economic crisis facing America today.

I recommend this DVD to anyone interested in financial issues related to society, and or debt in general.

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