Strike Debt, an offshoot of Occupy Wall Street, is launching the Rolling Jubilee–a project that buys debt for pennies on the dollar, but instead of collecting it, abolishes it. The project has already drawn national attention to the crippling burden of debt on the average household, the 99%.
The launch of the Rolling Jubilee — a sold out telethon called the “People’s Bailout”– featuring musicians and comedians will be held at Le Poisson Rouge in NYC. Live stream is available (embed code below), and local NYC viewing party at Church of the Village (201 W 13th St) is open to everyone. Telethon viewing parties are organized in over 30 cities across the country.
Over three-quarters of American households are in debt and one of out every seven American is being pursued by a debt collector. $26,000 is the average level of student debt in this country. 25% of homeowners are underwater in their mortgage. Debt is everywhere. You likely have questions. How does this work? Has this been done before? Whose debt will be forgiven? We have Frequently Asked Questions and are happy to connect you with one of the many Strike Debt organizers behind the Rolling Jubilee to answer any other questions. Please contact us at 347-292-1444 or email firstname.lastname@example.org
EMBED for LIVESTREAM:
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