Week of April 14 - 20, 2014

=======================================================================

Find Massachusetts Farmers Markets and food trucks everywhere too!

Questions about this blog? Check out the FAQ.

=======================================================================

Monday, November 19, 2012

Strike Debt's Rolling Jubilee - All Debts Forgiven

Visit NBCNews.com for breaking news, world news, and news about the economy

I've written a lot about debt on this blog. Especially student loan debt. My student loans are truly hellish. Many of us are in the same situation. Personal debt is such a huge problem in the United States that it is finally being acknowledged as being a drag on the national economy.

Yesterday, I watched this video above about what a group of people are doing to help their fellow Americans get rid of their debt. Strike Debt is an offshoot of Occupy Wall Street. The purpose is to raise money, buy debt for pennies on the dollar like many organizations due, but instead of going after the people who owe the money, when they purchase the debt, they forgive it. So they are randomly getting rid of debt.

Read more at the Rolling Jubilee website and this New York Times article. This is pretty incredible and will make a real difference in many lives. Imagine having all your debt wiped away in an instant? I certainly can. The sigh of relief would be huge.

Anali's First Amendment © 2006-2012. All rights reserved.
This Post’s Link
Subscribe to blog posts. Follow me on Twitter. Join me on Facebook.
Take a look at my Amazon Store for specially curated items.


Share/Bookmark Print this post

No comments:

 
Disclaimer: Nothing stated on Anali's First Amendment should be construed as legal advice. No attorney client relationships have been formed on this blog. © 2006-2014. Anali's First Amendment/Lisa C. Johnson. All rights reserved. Do not use writing or photographs without permission. Please read About + Contact for more details.