Occupy Wall Street Is Buying And Paying The 99%'s Debt!Quicklink submitted by Sheila Samples Permalink
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|Occupy Wall Street has been making headlines again thanks to its new role as the main source of mutual aid to those affected by Hurricane Sandy. In addition to supplying blankets, food and clean water to those who are still without power and shelter, the OWS movement recently announced a new plan to bolster the 99%. Through a new effort called the"Rolling Jubilee," Occupy Wall Street plans to start buying distressed debt (medical bills, student loans, etc.) in order to forgive it. This brilliant idea has been in development for months, and it has the power to mobilize the power of crowdfunding to help those who are struggling in a way that has never been seen before.|
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