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Sat Nov 17, 2012, 04:06 AM

Occupy Wall St Says 'Rolling Jubilee' Raises Enough to Abolish $6 Million in Debt [View all]

http://thinkprogress.org/economy/2012/11/16/1205991/occupy-wall-streets-rolling-jubilee-raises-enough-to-abolish-5-million-in-debt

http://rollingjubilee.org/

OCCUPY WALL STREET’S ‘ROLLING JUBILEE’ RAISES ENOUGH TO ABOLISH $5 MILLION IN DEBT | Members of Occupy Wall Street last week announced the formation of “Rolling Jubilee,” a fundraising campaign that would be used to purchase outstanding debt and then abolish it. And as of Friday, the campaign has already raised enough to eliminate more than $5.7 million in personal debt, according to its web site. The group’s plans are to buy outstanding debt from financial institutions for a small price, but instead of collecting on the debt, it will forgive it in order to relieve student loan, medical, and other forms of debt.

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Reply Occupy Wall St Says 'Rolling Jubilee' Raises Enough to Abolish $6 Million in Debt [View all]
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