Comments on: “Maxed Out” Now on DVD http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 04:49:32 -0500 http://wordpress.org/?v=abc hourly 1 By: Blaine Moore http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78367 Blaine Moore Tue, 10 Jul 2007 12:35:42 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78367 We watched it last week; I wasn't very impressed. In fact, it was pretty boring. I don't really care about the aftermath of people who make bad decisions enough to watch a movie devoted to them; I was hoping that it would be 80% what's wrong with the system and how to fix it and 20% sob stories, rather than the other way around. By the time our children get to college, they will understand how credit works and what to do to be well-established in life when they leave school. We watched it last week; I wasn’t very impressed. In fact, it was pretty boring. I don’t really care about the aftermath of people who make bad decisions enough to watch a movie devoted to them; I was hoping that it would be 80% what’s wrong with the system and how to fix it and 20% sob stories, rather than the other way around.

By the time our children get to college, they will understand how credit works and what to do to be well-established in life when they leave school.

]]> By: Conrad http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78204 Conrad Fri, 22 Jun 2007 22:11:57 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78204 I think the movie place too much blame on the lender. It seems to blame the lending industry for those people financial problems. They also seem to insinuate that the lending industry drove those people to committed suicide. But they never mentioned that these people are the one that actually put themselves in these situations. They are the one to blame for their decisions and not the lenders. We as American believe in freedom to do what we want but we don't want to face the consequences of our actions. We might want the freedom to borrow money but we don't want the responsibility of paying it back. If these people don't think they can pay off a loan with %50 interest then don't take the loan. Nobody put a gun to their head and make them take the money. And if you take the loan then do whatever it takes to pay it off. Filing to bankruptcy and killing yourself is the cheap way out. We like to blame everyone else but ourselves for making decisions that ended up putting us in a corner. But unless we acknowledge our stupidity we will always have these kind of problems. And yes, I make penty of mistakes in my life but I never run away from them. I paid my due and learn from my mistakes. I think the movie place too much blame on the lender. It seems to blame the lending industry for those people financial problems. They also seem to insinuate that the lending industry drove those people to committed suicide. But they never mentioned that these people are the one that actually put themselves in these situations. They are the one to blame for their decisions and not the lenders. We as American believe in freedom to do what we want but we don’t want to face the consequences of our actions. We might want the freedom to borrow money but we don’t want the responsibility of paying it back. If these people don’t think they can pay off a loan with %50 interest then don’t take the loan. Nobody put a gun to their head and make them take the money. And if you take the loan then do whatever it takes to pay it off. Filing to bankruptcy and killing yourself is the cheap way out. We like to blame everyone else but ourselves for making decisions that ended up putting us in a corner. But unless we acknowledge our stupidity we will always have these kind of problems. And yes, I make penty of mistakes in my life but I never run away from them. I paid my due and learn from my mistakes.

]]> By: james http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78148 james Sat, 16 Jun 2007 14:47:45 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78148 There's another documentary out on dvd title 'In Debt we Trust'. Netflix has it but blockbuster does not. I've watched Maxed out and it was pretty informative. I'm hoping "In Debt We Trust" may have a bit more Meat to it that Maxed Out didn't have. There’s another documentary out on dvd title ‘In Debt we Trust’. Netflix has it but blockbuster does not. I’ve watched Maxed out and it was pretty informative. I’m hoping “In Debt We Trust” may have a bit more Meat to it that Maxed Out didn’t have.

]]> By: StudioSamurai http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78137 StudioSamurai Fri, 15 Jun 2007 00:36:43 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78137 I watched this documentary yesterday. My feelings about it? Sad. Three or four of the main stories dealt with folks who got themselves in so much debt so quickly, then couldn't handle the pressures of companies trying to collect, who ultimately decided to take their own lives in order to escape. We hear their sad stories through the stories told by their surviving relatives. The other sad aspect was the mention of our colossal, ballooning, national debt. Our government has, on numerous occasions, "borrowed" money from other programs (mainly social security (is this why there won't be any?))to make INTEREST payments on our national debt. This was the saddest and most frightening thing the movie touched on. To think we're ruining the future of OUR children and future generations by not being able to take care of our debts is simply sad. We need to educate people. The sooner the better. I watched this documentary yesterday. My feelings about it? Sad. Three or four of the main stories dealt with folks who got themselves in so much debt so quickly, then couldn’t handle the pressures of companies trying to collect, who ultimately decided to take their own lives in order to escape. We hear their sad stories through the stories told by their surviving relatives. The other sad aspect was the mention of our colossal, ballooning, national debt. Our government has, on numerous occasions, “borrowed” money from other programs (mainly social security (is this why there won’t be any?))to make INTEREST payments on our national debt. This was the saddest and most frightening thing the movie touched on. To think we’re ruining the future of OUR children and future generations by not being able to take care of our debts is simply sad. We need to educate people. The sooner the better.

]]> By: Dreamy1 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78136 Dreamy1 Thu, 14 Jun 2007 22:06:44 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78136 I watched it a couple of days ago on Netflix. Apparently online movie viewing comes with the subscription. I wrote something about it on my blog too. I watched it a couple of days ago on Netflix. Apparently online movie viewing comes with the subscription. I wrote something about it on my blog too.

]]> By: quartersaver http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78119 quartersaver Thu, 14 Jun 2007 17:59:21 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78119 You know, I'd really been looking forward to it. Read the book a few months ago and finally saw the film this week. I wanted to like it more; I'm not sure which one was more boring... :( You know, I’d really been looking forward to it. Read the book a few months ago and finally saw the film this week. I wanted to like it more; I’m not sure which one was more boring… :(

]]> By: Chris http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78118 Chris Thu, 14 Jun 2007 17:29:59 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78118 I reviewed this movie when it first came out to DVD. My opinion of the movie was that it was interesting, but not really informative. There are some good facts in it, but it focuses on the tragedy of people who are in financial trouble (they put a heavy spotlight on foreclosures) and the aftermath of being in debt. Not much information on how the people got there, or any recommendations on how to get out of it and how to stay ahead of the game. The smug collectors are entertaining (in a bad way). I reviewed this movie when it first came out to DVD. My opinion of the movie was that it was interesting, but not really informative. There are some good facts in it, but it focuses on the tragedy of people who are in financial trouble (they put a heavy spotlight on foreclosures) and the aftermath of being in debt. Not much information on how the people got there, or any recommendations on how to get out of it and how to stay ahead of the game. The smug collectors are entertaining (in a bad way).

]]> By: Blaine Moore http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78117 Blaine Moore Thu, 14 Jun 2007 17:01:07 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78117 I'll add it to my netflix queue tonight. Thanks for the heads up. I’ll add it to my netflix queue tonight. Thanks for the heads up.

]]> By: Karen http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/comment-page-1/#comment-78116 Karen Thu, 14 Jun 2007 16:42:14 +0000 http://www.fivecentnickel.com/2007/06/14/maxed-out-now-on-dvd/#comment-78116 haven't seen it yet, but added it to my netflix queue earlier this morning. (short wait) haven’t seen it yet, but added it to my netflix queue earlier this morning. (short wait)

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