We take a look at a new documentary by veteran journalist and media critic Danny Schechter called "In Debt We Trust: America Before the Bubble Burst." The film shows how "the mall replaced the factory as America's dominant economic engine and how big banks and credit card companies buy our Congress and drive us into what a former major bank economist calls modern serfdom." [includes rush transcript]

As we continue to look at the issue of subprime loans and debt, we turn to a new film by Danny Schechter called "In Debt We Trust: America Before the Bubble Burst." This excerpt of the film looks at the prevalence of predatory lenders in the subprime industry.

• In Debt We Trust - excerpt of documentary. More info at IndebtWeTrust.org

The film is directed by Danny Schechter, "the News Dissector." A veteran journalist, Danny is also a media critic and co-founder of mediachannel.org, one of the largest online media issues networks. He has more than 20 films to his credit. Danny joins us in our firehouse studio.

• Danny Schechter, journalist and media critic. His latest film is "In Debt We Trust: America Before the Bubble Burst."