[Indy Arts] "Maxed Out" benefit screening May 15 & 16

[iam at lists.artsandmedia.net]

Indy Arts wants you to know about a special screening of "Maxed Out" on May 15 & 16 to benefit the CounterCorp Film Festival. 

We are proud to provide fiscal sponsorship to CounterCorp, as part of our mission to expand civic dialogue by increasing access to independent voices. 

Read on for details -- and thanks for your support of independent culture & community!

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The 2007 CounterCorp Anti-Corporate Film Festival invites you to a pre-festival benefit screening of the new documentary MAXED OUT on May 15 & 16 at 7:15 and 9:30 at the worker-owned Red Vic Movie House, 1727 Haight Street (at Cole Street), in San Francisco.

>From small-town America to the White House, MAXED OUT reveals how the modern financial industry really works: how so-called "sub-prime" borrowers -- a euphemism for the broke and bankrupt -- are now the banks' of their "preferred customers", why banks (despite what they say) actually want you to make late payments, and why Americans are now going broke at a faster rate than during the Great Depression.

The film also looks at the personal information business, in which 90 percent of all credit reports have errors in them, but the credit companies don't bother to correct them, because negative reports mean higher individual interest rates -- and industry profits. And they don't just prey on adults: In an echo of the current student loan scandal, MAXED OUT exposes how banks pay millions of dollars to access to students' personal information, then entice teenagers into life-long debt servitude and financial subsistence.

The film will be followed by a Q & A session with credit experts/activists. Tickets to benefit the 2007 Anti-Corporate Film Festival, which runs Oct. 19-21 in San Francisco, are $10 and available online at http://virtuous.com/events/countercorp/. 

For more information about CounterCorp or the 2007 Festival, visit our website at http://www.countercorp.org/.






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