Latest topics
» POOFness for JUNE 17: A FATHER'S LOVE FROM GHOULKOWSKI THE INTERNET CON-ARTIST
Today at 10:22 pm by RamblerNash

» Should we draw a conclusion ?
Today at 9:38 pm by PurpleSkyz

» Fundraiser by Kalia Gregory - CBD skin care
Today at 9:18 pm by PurpleSkyz

» Our goal, when it comes to Jerzy Babkowski, a.k.a. ZAP
Today at 8:37 pm by PurpleSkyz

» State of Emergency Declared In Papua New Guinea, Rioters Torch Plane
Today at 7:31 pm by PurpleSkyz

» New Copyright Law Could Make Current and Future Internet Memes Illegal to Share
Today at 7:29 pm by PurpleSkyz

» Daytime fireball SOARS through sky on radar - 8+ inches of rain coming - Strange seismos
Today at 7:25 pm by PurpleSkyz

» Guess Who Is Building A New Base In Antarctica?!
Today at 7:24 pm by PurpleSkyz

» Leaked Image of Barack Obama Dressed as Satan Goes Viral??
Today at 7:18 pm by PurpleSkyz

» The GoldFish Report No. 236 WEEK 74 POTUS REPORT W/ THE FETZ-MILITARY INDUSTRIAL COMPLEX STILL EXIST
Today at 4:24 pm by PurpleSkyz

» 12 Clinton Whistleblowers Found ‘Hanging From Doorknobs’
Today at 3:02 pm by PurpleSkyz

» 22 People Shot During a Mass Shooting Sunday, But it Doesn’t Fit the Narrative, So Media is Ignoring It
Today at 3:00 pm by PurpleSkyz

» Activist Speak Out; Deborah Tavares, John Knox, Jamie Lee, Peter Valentino and more
Today at 2:48 pm by PurpleSkyz

» Metamaterial that bends, shapes and focuses sound waves
Today at 1:55 pm by PurpleSkyz

» The occult archetype called vaccination By Jon Rappoport
Today at 1:52 pm by PurpleSkyz

» Freight Train Derails & Explodes In Indiana Causing Evacuation, Huge Fireball
Today at 1:46 pm by PurpleSkyz

» 19 Things That Can Help With A Spontaneous Awakening
Today at 1:44 pm by PurpleSkyz

» Uruguay: First Nation To Legalize Marijuana Can’t Keep Up With Demand
Today at 1:42 pm by PurpleSkyz

»  Flattening the Hot Air Claim that Britain Owns Us By Anna Von Reitz
Today at 12:22 pm by PurpleSkyz

» The Stan Romanek Story - Messages - Full UFO Contact Documentary
Today at 11:00 am by PurpleSkyz

» New Linda Moulton Howe Shocking Revelation - You Need to Hear This!!
Today at 10:59 am by PurpleSkyz

» How Fast Does Cannabis Oil Work For Parkinson's Disease?
Today at 10:58 am by PurpleSkyz

» Japan earthquake kills at least three and injures hundreds
Today at 10:57 am by PurpleSkyz

» BREAKING NEWS: All leave voters are thick!
Today at 10:56 am by PurpleSkyz

» TOP Astronomical Event, June Solstice 2018
Today at 10:53 am by PurpleSkyz

» Reno, Nevada Holistic Animal Care (local & Long distance)
Today at 10:44 am by Consciousness Of Economic

» The HAARP Conspiracy: Weather as a WEAPON
Today at 10:43 am by PurpleSkyz

» Benjamin Fulford 6-18-18
Today at 10:37 am by PurpleSkyz

» The Origins Of ISIS - David Icke Talks To The Lancashire Post
Today at 10:34 am by PurpleSkyz

» UFO News ~ Did A Family See A TR3B UFO Over Mills River North Carolina? plus MORE
Today at 10:33 am by PurpleSkyz

» NIBIRU News ~ JawDropping-Planet X System from Three Continents plus MORE
Today at 10:27 am by PurpleSkyz

» Ken O'Keefe 'Question Time with KOK #1' - Ask KOK a Question
Today at 10:22 am by PurpleSkyz

» Delusion Land: Anna Von Reitz & The Arrest Warrant - UPDATE: Owner and Operator of “Virgo Triad” YouTube Channel accused of attempted murder! WTF?
Today at 12:33 am by PurpleSkyz


You are not connected. Please login or register

Out Of Mind » FEEL GOOD ~ BODY & MIND » AMAZING PEOPLE, PLACES & THINGS » Common Dreams – Rolling Jubilee : Over $5 Million Of Debt Erased, And Counting – 16 November 2012

Common Dreams – Rolling Jubilee : Over $5 Million Of Debt Erased, And Counting – 16 November 2012

Go down  Message [Page 1 of 1]

PurpleSkyz

avatar
Admin
Common Dreams – Rolling Jubilee : Over $5 Million Of Debt Erased, And Counting – 16 November 2012





Posted on November 16, 2012 by lucas2012infos | Leave a comment



Successful kickoff for ‘People’s Bailout’ campaign


- Common Dreams staff


Last night’s star-studded “People’s Bailout” was hailed as a
successful kickoff for the Rolling Jubilee campaign to erase distressed
debt. As the confetti cleared, organizers Strike Debt thanked supporters, announcing that the campaign has already raised over $280,000, enough to abolish $5 million of debt.


TV on the Radio performed at Thursday’s Rolling Jubilee, which has
raised enough money to abolish over $5mm of distressed debt. (Photo by
@tylerzang) Thursday’s three-hour event—part telethon, part variety
show—was held at the Manhattan club Le Poisson Rouge and featured
performances by comedians Janeane Garofalo and Daily Show co-creator
Lizz Winstead, along with musical performances by members of Sonic Youth
and TV on the Radio.

Conceived as a “bailout of the people, by the people,” the campaign’s
strategy is to raise money to buy distressed consumer debt from banks
and credit card companies, who usually sell it for pennies on the dollar
to collection agencies. Then—rather than hound debtors for payment—the
debt will simply be forgiven. “Together we can liberate debtors at
random through a campaign of mutual support, good will, and collective
refusal,” Strike Debt writes on their website.

The solution is both simple and symbolic, said event organizer Astra Taylor:

We’ve always seen the Rolling Jubilee as a means, not an end. We know we’re not going to buy $11 trillion worth of debt.

The amazing thing about this action is that it’s both symbolic and
real in equal measure. There is the aspect of helping these debtors — we
are truly making an impact on the individual level — but that’s just a
drop in the ocean of debt we are existing in. But it’s also eye-opening
because so many people are unaware that there’s a secondary market of
debt.

“That’s a really Trojan horse move,” Fugazi’s Guy Picciotto, who performed as the night’s final act, told New York Magazine. “And that’s pretty badass.”

www.commondreams.org link to original article


Thanks to: http://lucas2012infos.wordpress.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum