In November, organizers with Occupy Wall Street had an idea: buy up people’s personal debt — like student debt and debt resulting from health care bills — and simply forgive it.
They called their program a “bailout of the people by the people” and named it Rolling Jubilee — based on the Biblical parable of the Jubilee year, where debts would be forgiven.
Since they launched their effort, they have raised $561,587 to abolish $11,236,570 of personal debt. Check out their website for information on how to get involved.
We have set up a tool that helps you move your money from Big Banks to smaller banks and credit unions. Click here to check it out.
You should follow BoldProgressives on Twitter here.
Joshuel Patterson says:
Thanks for all your efforts! You guys rock!
Larry Rochelle says:
Read the history of Prescott Bush and his support of the Nazis. http://www.spartacus.schoolnet.co.uk/MDbushPR.htm
Snail says:
Lolwut gtfo
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King says:
Can I have $30,000 of that to pay off my college debt?
….please?
John Steinsvold says:
An Alternative to Capitalism (since we cannot legislate morality nor end poverty)
Several decades ago, Margaret Thatcher claimed: “There is no alternative”. She was referring to capitalism. Today, this negative attitude still persists.
I would like to offer an alternative to capitalism for the American people to consider. Please click on the following link. It will take you to my essay titled: “Home of the Brave?” which was published by the Athenaeum Library of Philosophy:
http://evans-experientialism.freewebspace.com/steinsvold.htm
John Steinsvold
“Insanity is doing the same thing over and over and expecting a different result.”
~ Albert Einstein
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