National Post

Rolling Jubilee: How Occupy Wall Street aims to bail out the 99% by buying and forgiving debtRolling Jubilee is a plan to use money pooled from donations to buy distressed consumer debt at marked down prices. Lenders often sell debts for pennies on the dollar to third parties who either try to collect on it or bundle it up for resale. But, instead of collecting it like a debt agency would, the group, known as Strike Debt, would forgive the debt.

Rolling Jubilee: How Occupy Wall Street aims to bail out the 99% by buying and forgiving debt
Rolling Jubilee is a plan to use money pooled from donations to buy distressed consumer debt at marked down prices. Lenders often sell debts for pennies on the dollar to third parties who either try to collect on it or bundle it up for resale. But, instead of collecting it like a debt agency would, the group, known as Strike Debt, would forgive the debt.

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    There you go
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    Amen and let it be.
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    Rolling Jubilee: How Occupy Wall Street aims to bail out the 99% by buying and forgiving debt
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    A great plan and very worthwhile cause to donate any extra money to. If you donated $50, it could potentially wipe out...
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