Song: Sung to the tune of the American National Anthem:
“To Chase and to Wachovia, Wells Fargo, Sally Mae. To MasterCard and Citibank and also B of A. American Express and Visa, Morgan Stanley too. In debt we trust so pay we must, we owe it all to you…..” In Debt We Trust: America Before the Bubble Bursts
“I pledge allegiance to the card of the United States of credit. One nation under debt, with bankruptcies, late fees, and high interest for all. Credit. You can’t live without it and many of us can’t live with it. In fact right now, the United States of America and its people are kept alive by all the money we borrow. It’s been called the democratization of credit, but for many it leads to the democratization of dependency. Just look at all the ads on TV selling us more ways to take out loans. Behind our formal institutions and more powerful than our politicians is a hidden financial complex, driving what the country’s leading academic expert on the issue, Robert Manning, dubs our “credit card Nation.”----- Danny Schechter
http://www.mediaed.org/assets/products/133/transcript_133.pdf
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