Rolling Jubilee

More in the news on Occupy Wall Street's Strike Debt resistance movement, an outgrowth of the protests that many feel is one of its most positive developments.  The group has started collecting donations to buy up debt and then forgive it, in the ancient spirit of a "rolling jubilee," a practice with biblical roots, in which debt was periodically forgiven.   

More blogging here on Strike Debt, including information on a publication released and available for free download, The Debt Resister's Manual.

RT discusses the Rolling Jubilee with Anastasia Churkina and Lauren Lyster:




And, journalist Thom Hartmann (who states that he has donated) interviews organizer Yates McGhee on The Big Picture:



The Portland Phoenix reports that you can tune in Thursday at rollingjubilee.org to stream The People's Bailout, a variety show and telethon to bail out the people, for a change. 

Find Rolling Jubilee here on twitter.

More from Huffington Post and an announcement by Strike Debt in the youtube below.  The group explains how they can abolish 1 million dollars in debt if they can raise 50,000 dollars.  If they can raise more than that, they can abolish even more debt:




As per Mother Nature Network, the group has stated: 

“People shouldn’t have to go into debt for an education, because they need medical care, or to put food on the table during hard times. We shouldn’t have to pay endless interest to the 1 percent for basic necessities. Big banks and corporations walk away from their debts and leave taxpayers to pick up the tab. It’s time for a bailout of the people, by the people.”