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I.O.U.S.A.

4.2 4.2 out of 5 stars 133 ratings
IMDb7.4/10.0
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Format Color, Multiple Formats, Closed-captioned, NTSC
Contributor David Walker (Peter G. Peterson Foundation), Bob Bixby (Concord Coalition), Patrick Creadon
Language English
Number Of Discs 1
Runtime 1 hour and 20 minutes
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4.2 out of 5 stars
133 global ratings

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  • William E Donoghue
    5.0 out of 5 stars Clear, simple and to the point explanation of the credit crisis
    Reviewed in the United States on February 20, 2009
    Verified Purchase
    I. O. U. S. A. is a wake up call from some of the government experts and policy consultants (not lobbyists) who have been warning the President for years about this coming crisis. Philanthropist Peter G. Peterson put $1 billion of his own money in this organization and hired America's Watchdog, GAO Comptroller General David Walker to head up the effort.
    This movie is a "must watch." CNN ran a shorter version on a recent Sunday with several of the stars live.
    This is real, it is disturbing and it is timeless. The government was already in serious debt BEFORE the credit crisis hit the fan. We won't get out of this easily nor will most investment advisors even address it.
    I will bet your advisor sat you down to discuss your "risk tolerance" years ago and you agreed that you could stand a 10% short-term decline but that 20% would be troubling. In the past seven months the stock market fell 45% and no one called you and the market is about to fall further and you probably have not reallocated your portfolio to gold, silver and inverse or bear market funds. The losses are so bad your advisor doesn't want to discuss such a painful outcome with you.
    Watch this film and you will understand that it is unlikely that you will see much of the money you had one or two years ago ever in your lifetime.
    It's troubling for the government but it is tragic for you.
    Bill Donoghue, Chairman, W. E. Donoghue & Co., Inc. Norwood Massachusetts
    15 people found this helpful
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  • D. Wright
    5.0 out of 5 stars Informative, Compelling, and Important
    Reviewed in the United States on July 13, 2009
    Verified Purchase
    It's almost impossible to get people concerned about something as important yet obtuse as the national debt. This excellent documentary goes a long way toward accomplishing that.

    Through a combination of interviews, "Jaywalking"-style public quiz sessions, animated graphics, and archival footage, I.O.U.S.A. does a good job of keeping the viewer's attention as it slowly reveals the shocking state of our nation's financial situation.

    The documentary bills itself as nonpartisan -- a label I agree with. Though the subject matter may be stereotypically "conservative", interviewees include both Republican and Democratic politicians, and the film pulls no punches in highlighting George W. Bush's runaway spending practices. To skip this film in the belief that it is a piece of partisan propaganda would be a mistake. Everyone needs to see this.

    Other thoughts:

    As a follower of Congressman Ron Paul and his Campaign for Liberty, I was glad to see him included in the film, appropriately in an interview on monetary policy. Having lived abroad in China, it was also good to see China highlighted for the fiscal thriftiness of its people -- and the worrying amount of U.S. debt their government has acquired. I can honestly say that the film did both subjects justice.
    3 people found this helpful
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  • C. Olson
    5.0 out of 5 stars Excellent--Must Read for Every American
    Reviewed in the United States on February 25, 2010
    Verified Purchase
    Every person in the U.S.A. should read this book. It is insightful and very relevant to the U.S. economy and our government today. If you weren't concerned about the future of our economy, you would be, after reading this book by David Walker. Mr. Walker summarizes the problems and presents solutions that appear to be politically viable. (Now, if only our politicians would take note!)

    Mr. Walker presents facts that are accurate, timely, and "to the point". He brings to this book, his experience working in government and outside of government. He does not blame any one individual for the economic problems, but focuses on what the problems are and how to resolve them, while still keeping the book an "easy read".

    I would highly recommend this book.
    One person found this helpful
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  • M. Larrabee
    5.0 out of 5 stars Must-See Film
    Reviewed in the United States on April 19, 2009
    Verified Purchase
    This is an excellent movie that explains the fiscal crisis our country is facing in laymens terms. It is a must-see film for retirees who will be relying on government for healthcare and social security, the current generation of workers who will be paying into these programs but will not receive the benefits when its their turn, and future generations who will be forced to bear the burden of our present overspending. Key figures featured in the movie include David Walker (former head of the GAO), Warren Buffett, Alan Greenspan and Paul Volcker. I have shown this film in a high school classroom and it was warmly received. The students were surprisingly inquisitive and understood the call for action.
    7 people found this helpful
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