i.o.u.s.a.: David Walker (Peter G. Peterson Foundation), Bob Bixby (Concord Coalition), Patrick Creadon: Movies & TV

Apr06

i.o.u.s.a.: David Walker (Peter G. Peterson Foundation), Bob Bixby (Concord Coalition), Patrick Creadon: Movies & TV

Posted by admin | on 6 April, 11:49 PM

Amazon.com
As the average American can attest, personal debt is bad enough, but as Thomas Jefferson once cautioned, public debt is “corruptive of the government” and “demoralizing of the nation.” Patrick Creadon’s I.O.U.S.A. documents the efforts of two concerned citizens, former US Comptroller General Dave Walker and Concord Coalition Director Robert Bixby, to explain how America racked up over $9.5 trillion in debt and what we can do to stem the tide. Based on the book Empire of Debt by William Bonner and Executive Producer Addison Wiggin, Wordplay’s Creadon combines Walker and Bixby’s “Fiscal Wake-Up Tour” with observations from former Federal Reserve Chairman Alan Greenspan, former Treasury Secretaries Robert Rubin and Paul O’Neill, superstar CEO Warren Buffett, and student activists. The information flows with ease and the clips from Saturday Night Live and The Daily Show add levity to an undeniably dark and timely topic, but the narrative rests on a long list of facts and figures, leading to a production that feels more like a special news report than a work of cinema. Unlike Alex Gibney’s Enron: The Smartest Guys in the Room, on which co-writer/producer Christine O’Malley (Creadon’s wife) assisted, character development takes a backseat to data. Arguably, the director lacks an outsized personality, like Enron’s Kenneth Lay, around which to assemble his argument, but the subject calls for more of a human face to have the desired effect, i.e. to encourage beleaguered taxpayers to care enough to rise up off their easychairs and agitate for greater fiscal responsibility. –Kathleen C. Fennessy

Product Description
Wake up, America! We’re on the brink of a financial meltdown. I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must mend its spendthrift ways or face an economic disaster of epic proportions.

Throughout history, the American government has found it nearly impossible to spend only what has been raised through taxes. Wielding candid interviews with both average American taxpayers and government officials, Sundance veteran Patrick Creadon (Wordplay) helps demystify the nation’s financial practices and policies. The film follows former U.S. Comptroller General David Walker as he crisscrosses the country explaining America’s unsustainable fiscal policies to its citizens.

With surgical precision, Creadon interweaves archival footage and economic data to paint a vivid and alarming profile of America’s current economic situation. The ultimate power of I.O.U.S.A. is that the film moves beyond doomsday rhetoric to proffer potential financial scenarios and propose solutions about how we can recreate a fiscally sound nation for future generations.

Creadon uses candid interviews and his featured subjects include Warren Buffett, Alan Greenspan, Paul O’Neill, Robert Rubin, and Paul Volcker, along with the Peter G. Peterson Foundation’s own David Walker and Bob Bixby of the Concord Coalition, a Foundation grantee.

Pointedly topical and consummately nonpartisan, I.O.U.S.A. drives home the message that the only time for America’s financial future is now.

See all Editorial Reviews

Must See,

By James M. Bennett “Jim Bennett” (Summit, NJ) -

This review is from: I.O.U.S.A. [Theatrical Release] (Theatrical Release)

This film is a must-see for every American. It highlights the unfunded national liability, in addition to the national debt, that nobody is talking about. We need to take action now or have the debt take the world and our grandchildren down with it.
~Jim Bennett

IOUSA,

By Michael R. Yost (Texas) -

This review is from: I.O.U.S.A. [Theatrical Release] (Theatrical Release)

Scary! This is an unsavory subject every American needs to know about. It is an eye-opening lesson about our national debt.

Manditory for every citizen,

By Robert M. Leone “Bleary Eyes” (SUNBURY, OHIO USA) -

This review is from: I.O.U.S.A. [Theatrical Release] (Theatrical Release)

It is unfortunate that only 10 people were in the theater besides my wife and I to watch this documentary film. The past head of the GAO for the last 3 presidents is the ’star’ of this film and he presents the case about the national debt in a logical and yet terrifying manner. This is a must see for every high school student in America. Unfortunately, this will never happen. The film does present a method to save the country, but it will come at a cost that probably few in this land of ours will want to pay. But,if we don’t, there is no doubt that a payment of some kind will occur, but it will be disastrous. Once you see this, you will begn to change your personal financial decisions with a wary eye on the future. Don’t see this at your peril.
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