Common Debt

When photojournalist Kelly Shimoda set out to chronicle debt for Film@11, the average US household had it — Harvard University’s Elizabeth Warren was seen as a Cassandra for her study that found families were in financial trouble due to large, fixed expenses like mortgages and health care insurance —but no one wanted to talk about it, at least not on record. Debt was seen as painful and shameful. [vimeo]http://vimeo.com/7690921[/vimeo]

Well, it’s still painful, but the shame is no longer personal. Over 1 million Americans filed for bankruptcy last year. Many of them filed because of health care costs, and many of those actually had health insurance.

Our latest episode of "Political Graffiti" tackles the sticky question of reform and what to reform. Former Cigna executive Wendell Potter suggests starting with the insurance cartel itself.