Progressive Documentary Hour - 06/16/14

Forward 13 – Waking up the American Dream

Filmmaker Patrick Lovell describes the 2008 housing bubble crash through the loss of his own home by a draconian series of sales and bundling of the mortgage on his and his family’s home which was, like many millions of Americans, foreclosed upon.  The film examines banking, energy, real estate and how government is acting on behalf of big business to the People’s serious disadvantage.  Along with Patrick Lovell, Mitchell interviews the Assistant Secretary of Housing & Urban Development (HUD) during the Bush Sr. Administration, Catherine Austin Fitts, who, from inside the corridors of government, saw the planning of the bubble at the highest levels and goes into detail about this—and the potential solution, regarding government expenditures and how this could be turned around to benefit the people government is here to serve.