Thursday, November 15, 2012

Strike Debt

Hopefully you've already heard about the Rolling Jubilee and Strike Debt. These are outgrowths of Occupy attempting to buy up as much bad individual debt as possible and then erase it.

They've already done a proof-of-concept where, with $500 they eliminated $14,000 worth of debt. Today they took $5,000 of the money they've raised so far and erased just over $100,000 worth of medical debt.

An action like is is at once simple in its execution and radical in its results. Beyond the immediate good that can be done to families burdened by bad debts that they shouldn't have been hit with in the first place--be they medical debts because we still don't have a single-payer system or from fraud by credit card companies piling on fee after fee after fee--this action is the first step in undermining our debt economy and, in conjunction with other debt strike actions, goes a long way to brutally screwing the vampire class.

After all the time chanting, "They got bailed out, we got sold out," the people are finally getting their own bailout and, appropriately enough, it's not coming from the government but from the people themselves.

So if you think our predatory lending culture is unfair: support the Rolling Jubilee

If you think people shouldn't be punished for being too poor for a doctor: support the Rolling Jubilee

If you think credit card companies should lose: support the Rolling Jubilee

If you think your bailout dollars went to crooks who crashed our economy: support the Rolling Jubilee

If you want to give a big "fuck you" to politicians wringing their hands over a "fiscal cliff" but who wouldn't mention wages or income inequality during the campaign: support the Rolling Jubilee

Help your neighbors take their lives back. I donated, I hope you will too. And be sure to check out the livestream of their telethon tonight starting at 8 ET.

Watch live streaming video from lepoissonrouge at

No comments: