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OUT OF MIND » THE INSANITY OF REALITY » FINANCIAL COLLAPSE » How to Help People Get Out of Debt!!!!! IT'S HAPPENING NOW!!!!!!!

How to Help People Get Out of Debt!!!!! IT'S HAPPENING NOW!!!!!!!

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PurpleSkyz

PurpleSkyz
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How to Help People Get Out of Debt!!!!! IT'S HAPPENING NOW!!!!!!!

















How to Help People Get Out of Debt!!!!! IT'S HAPPENING NOW!!!!!!! Defaultpicture




By astreia - Posted on 09 November 2012











The People’s Bailout
This is a long post but it’s about something pretty interesting so I hope you’ll indulge …

Like
many folks, Occupy Wall Street has been some doing good work in the
aftermath of Hurricane Sandy, helping people on the ground.

Now OWS is launching the ROLLING JUBILEE,
a program that has been in development for months. OWS is going to
start buying distressed debt (medical bills, student loans, etc.) in
order to forgive it. As a test run, we spent $500, which bought $14,000 of distressed debt. We then ERASED THAT DEBT.
(If you’re a debt broker, once you own someone’s debt you can do
whatever you want with it — traditionally, you hound debtors to their
grave trying to collect. We’re playing a different game. A MORE AWESOME
GAME.)

This is a simple, powerful way to help folks in need — to free them from heavy debt loads so they can focus on being productive, happy and healthy. As you can see from our test run, the return on investment approaches 30:1. That’s a crazy bargain!

Now, after many consultations with attorneys, the IRS, and our moles in the debt-brokerage world, we are ready to take the Rolling Jubilee program LIVE and NATIONWIDE, buying debt in communities that have been struggling during the recession.

We’re kicking things off with a show called THE PEOPLE’S BAILOUT at Le Poisson Rouge on Thursday, November 15. It will also stream online, like a good ol’-fashioned telethon!

How to Help People Get Out of Debt!!!!! IT'S HAPPENING NOW!!!!!!! Tumblr_md6qivQVrK1r47bpd


Friends, the line-up is insane. Performers include:

- JEFF MANGUM (Neutral Milk Hotel)

- JANEANE GAROFALO

- GUY PICCIOTTO (Fugazi)

- LIZZ WINSTEAD

- HARI KONDABOLU

- TUNDE ADEBIMPE and KYP MALONE (TV on the Radio)

- members of DAS RACIST

and other great talents including a group of radical nuns! I’ll be playing the role of JERRY LEWIS, emceeing in my tuxedo from MEN’S WEARHOUSE.

This
will be a joyful, positive night about people banding together and
subverting a predatory financial system in order to help each other.
BOOM! That’s a movie pitch right there, goddamn why am I not a Hollywood
mogul?!

Anyway, HERE IS THE INFORMATION about THE PEOPLE’S BAILOUT:

- The LIVE SHOW is at Le Poisson Rouge on THURSDAY 11/15, 8 - 11 PM. Tickets are $25 (each ticket buys $500 of distressed debt).

- The LIVE STREAM will be at http://rollingjubilee.org (you’ll be able to donate online)

- Here’s the FACEBOOK PAGE

- The HASHTAG is #peoplesbailout

HOW YOU CAN HELP:

- Spread the word! Share this info with your friends, family, and followers
- Donate money via http://rollingjubilee.org

$25 abolishes an estimated $500 worth of debt
$50 abolishes an estimated $1000 worth of debt
$100 abolishes an estimated $2000 worth of debt
$250 abolishes an estimated $5000 worth of debt

- Host a live-stream party! Get together with folks
in your town and watch the show online and donate money and maybe even
drink a beer if you’re feeling crazy.

- If you are Jerry Seinfeld or Bill Cosby: Call me about doing a set at the live show! We’ll fit you in.

Okay, that was a really long tumblr post. I feel very vulnerable right now. Thanks for reading.

Bye!
—David Rees
Thanks to: http://soundofheart.org



  

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