I’ll go out on a limb today and say this: America’s future frightens me! However, this isn’t the first time I’ve feared what’s ahead for us as Americans. I’ve seen it for years and now the truth is becoming a reality: Record foreclosures, record bank failures and record deficits.

Lehman Brothers filed for Chapter 11 Bankruptcy. Bank of America will acquire Merrill Lynch. Fannie Mae is due to bailed out by the U.S. Government. Socially, Americans are at increasing odds with each other, thanks to divisive politics and a mainstream media known for hype, spin and lies.

The truth is being withheld from the American public on a daily basis. The full story is nothing like we understand it today. It’s far worse. Some Americans saw the writing on the wall years ago, where they packed up and moved abroad to countries such as Canada, Denmark and the U.K. I even considered doing the same.

What’s most frightening of all is America’s blind faith in the media. Sarah Palin is a perfect example of this fact. Palin came from nowhere to become a frontrunner in American politics. How does anyone become an overnight sensation without any concrete information? It is our blind trust that leads us astray and we’ve repeatedly shown this blind trust countless times over the last 100 years.

Our economy and social fabric is paper-thin strong. If we continue adding more rocks (debts, unchecked spending, unrealistic promises) to our failing infrastructure, it will tear and swallow its burden whole. From our pocketbooks to our government, we have a runaway freight train with no end in sight. Eventually, it will derail. We cannot continue on our present course and it might be too late to correct it.

In the next 30 years or less, America could very well become the failed empire it desperately attempted to maintain. China will topple us in innovation, science and technology and socio-economic prowess — If they haven’t already. With a middle class that numbers America’s entire population, we have much to consider as our future quickly erodes before our very own eyes.

The threat is real. This isn’t a dream. It’s reality.

I.O.U.S.A., the critically acclaimed documentary about America’s economic crisis (a $9+ Trillion deficit), is being featured nationwide tonight at select theaters with a LIVE Q&A with Warren Buffet, Pete Peterson and Dave Walker. I purchased my ticket yesterday and I’m looking forward to this compelling piece along with commentary and insights from a respectable figure in the global markets (Buffet).

If you can attend, find a local theatre and purchase a ticket ASAP!

From the IOUSA website:

“Wake up, America! We’re on the brink of a financial meltdown. I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must mend its spendthrift ways or face an economic disaster of epic proportions.

Throughout history, the American government has found it nearly impossible to spend only what has been raised through taxes. Wielding candid interviews with both average American taxpayers and government officials, Sundance veteran Patrick Creadon (Wordplay) helps demystify the nation’s financial practices and policies. The film follows former U.S. Comptroller General David Walker as he crisscrosses the country explaining America’s unsustainable fiscal policies to its citizens.

With surgical precision, Creadon interweaves archival footage and economic data to paint a vivid and alarming profile of America’s current economic situation. The ultimate power of I.O.U.S.A. is that the film moves beyond doomsday rhetoric to proffer potential financial scenarios and propose solutions about how we can recreate a fiscally sound nation for future generations.

Creadon uses candid interviews and his featured subjects include Warren Buffett, Alan Greenspan, Paul O’Neill, Robert Rubin, and Paul Volcker, along with the Peter G. Peterson Foundation’s own David Walker and Bob Bixby of the Concord Coalition, a Foundation grantee.

Pointedly topical and consummately nonpartisan, I.O.U.S.A. drives home the message that the only time for America’s financial future is now.”