Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Occupy Wall St Says 'Rolling Jubilee' Raises Enough to Abolish $6 Million in Debt [View all]eShirl
(18,466 posts)17. What part of "pennies on the dollar" do you not understand?
"Why not just hand Sally Student the money to pay off the student loan"
Are you similarly mystified as to how collection agencies are able to make a profit?
Edit history
Please sign in to view edit histories.
112 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Occupy Wall St Says 'Rolling Jubilee' Raises Enough to Abolish $6 Million in Debt [View all]
Hissyspit
Nov 2012
OP
There are NO stupid questions. Why not stop the snark and provide the answers
graham4anything
Nov 2012
#8
But where is Sally Student, who has a $7500 student loan, being told she does not have to pay?
graham4anything
Nov 2012
#14
I seem to be missing something. How does this affects Joe Q. Public and Sally Student
graham4anything
Nov 2012
#21
I sent them a question to them last week when I first heard, and had an answer by the next morning.
Riley18
Nov 2012
#49
Let's get all those immigrants from south border education funds, then they can get citizenship!!!
graham4anything
Nov 2012
#34
Because who decides who gets the liver that Mickey Mantle got and someone didn't?
graham4anything
Nov 2012
#46
OK, yes, so these Occupiers get that too, they're promoting universal jubilee at the same time.
eomer
Nov 2012
#48
I listen to Al Sharpton and he does not talk about them, being that their goals are not interesting
graham4anything
Nov 2012
#36
They are buying private debt then forgiving the amount owed a very noble gesture!
UCmeNdc
Nov 2012
#10
But where on the spreadsheet does it show up? How does Joe Q. Public see it in action
graham4anything
Nov 2012
#11
What makes you think this has anything to do with government or the National Debt?
eShirl
Nov 2012
#13
It sounds like a good P.R. scheme or a good acid trip with a very bad landing
graham4anything
Nov 2012
#18
I am just curious (yellow)- I smell a big fraud here trying to up their soiled reputation
graham4anything
Nov 2012
#37
Yes. As a Jewish person who is liberal,I was very upset over the lumping banksters/Jews together
graham4anything
Nov 2012
#44
but I don't have to want what you want on every issue. Betcha you don't want 1 or 2 my top 10 wants
graham4anything
Nov 2012
#89
Who decides who is given a golden jackpot? Who gets the freebees? And who doesn't?
graham4anything
Nov 2012
#41
sorry you want an echo chamber. Bob Geldof was the same. The world wasn't fed though
graham4anything
Nov 2012
#67
I had two student loans going to college. I paid it off myself, hard as it was.
graham4anything
Nov 2012
#90
I want them to succeed. But I want them to do it longterm and the right way
graham4anything
Nov 2012
#92
They overstayed their welcome in NYC. They would have been better 2 weeks on, a month off
graham4anything
Nov 2012
#94
OK...so in effect I can back OWS now, however- this is OWS2, a new offshoot of OWS1
graham4anything
Nov 2012
#109
Rolling Jubilee will also send the debtor a certified letter telling them their debt is absolved.
djean111
Nov 2012
#32
Why not just work for a French like system of health care? We got it moving, lets get more
graham4anything
Nov 2012
#39
When you are buying bundled debt you don't get to pick and choose names.
Systematic Chaos
Nov 2012
#53
Thanks Kaleva, besides my job this is the one thing I have educated myself on...
winstars
Nov 2012
#110