“Maxed Out” Documentary

[evolusd]

My wife and I rented “Maxed Out”, a documentary about American’s use of credit. I couldn’t believe how one-sided the documentary was. It portrayed banks as these horrible institutions that prey on the weak. They never once asked the fundamental question – “so what did you buy with all the money you BORROWED?”

Have any of you guys seen this movie?

[nostradamus]

I saw it and agree with you. It was discussed here:

http://piggington.com/movie_maxed_out_about_credit_and_debt

[nostradamus]

I saw it and agree with you. It was discussed here:

http://piggington.com/movie_maxed_out_about_credit_and_debt

[nostradamus]

I saw it and agree with you. It was discussed here:

http://piggington.com/movie_maxed_out_about_credit_and_debt

[nostradamus]

I saw it and agree with you. It was discussed here:

http://piggington.com/movie_maxed_out_about_credit_and_debt

[nostradamus]

I saw it and agree with you. It was discussed here:

http://piggington.com/movie_maxed_out_about_credit_and_debt

[VanMorrisonFan]

evolusd-

I have to agree with you. There was very little analysis of how people got where they are. They made it sound like everyone with too much debt is a victim.

[VanMorrisonFan]

evolusd-

I have to agree with you. There was very little analysis of how people got where they are. They made it sound like everyone with too much debt is a victim.

[VanMorrisonFan]

evolusd-

I have to agree with you. There was very little analysis of how people got where they are. They made it sound like everyone with too much debt is a victim.

[VanMorrisonFan]

evolusd-

I have to agree with you. There was very little analysis of how people got where they are. They made it sound like everyone with too much debt is a victim.

[VanMorrisonFan]

evolusd-

I have to agree with you. There was very little analysis of how people got where they are. They made it sound like everyone with too much debt is a victim.

[meadandale]

I read the book.

Yeah, it was very consumer sympathetic. But, you have to wonder about the banks that continue to send credit card offers to someone who is delinquent and going foreclosure with that very same bank.

Some of the things I took away from it:

* People see credit as an affirmation of their worth. They figure that a bank won’t offer them credit if they can’t pay for it. Wrong or right, this is how many of the sheep feel.

* Banks aren’t so much about banking anymore but about marketing debt. Tellers aren’t CSR’s for the bank but closers.

There’s some more but it’s been awhile since I read it.

[meadandale]

I read the book.

Yeah, it was very consumer sympathetic. But, you have to wonder about the banks that continue to send credit card offers to someone who is delinquent and going foreclosure with that very same bank.

Some of the things I took away from it:

* People see credit as an affirmation of their worth. They figure that a bank won’t offer them credit if they can’t pay for it. Wrong or right, this is how many of the sheep feel.

* Banks aren’t so much about banking anymore but about marketing debt. Tellers aren’t CSR’s for the bank but closers.

There’s some more but it’s been awhile since I read it.

[meadandale]

I read the book.

Yeah, it was very consumer sympathetic. But, you have to wonder about the banks that continue to send credit card offers to someone who is delinquent and going foreclosure with that very same bank.

Some of the things I took away from it:

* People see credit as an affirmation of their worth. They figure that a bank won’t offer them credit if they can’t pay for it. Wrong or right, this is how many of the sheep feel.

* Banks aren’t so much about banking anymore but about marketing debt. Tellers aren’t CSR’s for the bank but closers.

There’s some more but it’s been awhile since I read it.

[meadandale]

I read the book.

Yeah, it was very consumer sympathetic. But, you have to wonder about the banks that continue to send credit card offers to someone who is delinquent and going foreclosure with that very same bank.

Some of the things I took away from it:

* People see credit as an affirmation of their worth. They figure that a bank won’t offer them credit if they can’t pay for it. Wrong or right, this is how many of the sheep feel.

* Banks aren’t so much about banking anymore but about marketing debt. Tellers aren’t CSR’s for the bank but closers.

There’s some more but it’s been awhile since I read it.

[Author]

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