Maxed Out
March 16th, 2008
You will not be wasting time when you watch this video. Put it on while you do other things. It’s very well-done: heart-wrenchingly powerful.
It left me wishing I could do something to help.
Go HERE to see it for yourself.
Filed under credit cards, financial resources |
5 Responses to “Maxed Out”
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I watched this a couple of weeks ago, and I have to agree with you wholeheartedly. Wonderful work they did.
Heh: “there’s some place in Italy that’s got 7 hills”
3.14 cheers for cultural literacy.
I watched it last night. I definitely agree, after watching this I got a strong urge to get up and do something!
That was made in 2006. Two years later, I’m sure its become a lot worse…
[...] I saw the documentary “Maxed Out” last month, and in it they mention how rates and penalties have skyrocketed in the past decade or so. Do you think this was done to “make up” for the rewards we’re getting paid? Or do you think it has been done to offset the risk that the CC companies are placing themselves in (by lending money to “high-risk” consumers)? I tend to think that its done to offset the risk, but I could be wrong and/or trying to justify my use of my rewards cards. (If you haven’t seen “Maxed Out” yet, do so…its eye-opening, and almost heartbreaking. You can find it on Google Videos or find a link here.) [...]
[...] hate that it traps people, I hate that it takes away people’s homes, I hate that it makes us spend more than we should [...]