Posts Tagged ‘Warren Buffett; William Niskanen’

I.O.U.S.A.: Documentary or horror flick?

Wednesday, August 13th, 2008

Until you hear the urgency in Addison Wiggin’s voice, you may not think that our $8.9 trillion national debt is an obvious topic for a film documentary, but you may leave the conversation convinced it’s a great subject for a horror flick.

The movie I.O.U.S.A., opening Aug. 21, follows Dave Walker, former U.S. comptroller general, and Concord Coalition Founder Robert L. Bixby on their Fiscal Wake Up Tour. For 18 months, at Rotary Clubs, Better Business Bureau luncheons and town hall meetings, they discussed the national debt, its implications and possible solutions to the looming economic danger that threatens the United States. The film also features interviews with “the Mount Rushmore crowd of American economics,” including former Federal Reserve Chairmen Alan Greenspan and Paul Volker, and former Treasury secretaries Paul O’Neil and Bob Rubin as well as Warren Buffett, chairman of Berkshire Hathaway and one of the world’s wealthiest men, to tell the story. “We have the guys who are responsible for the Federal Reserve and heading up budget committees in Congress, and the former Treasury secretaries,” but it’s not just charts and figures, Wiggin says.

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