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General News    H2'ed 11/17/12

Occupy hatches plot to destroy payday loan industry

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Message Amanda Lang
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In today's ever-perplexing world of personal finance, there's no question consumers could benefit from a little clarity.

Just don't expect to find any in the pages of Occupy Wall Street's new manifesto on consumer debt.

"The Debt Resistor's Operations Manual" is 122 pages of some of the dodgiest financial advice we've ever seen. It's no wonder the entire thing was published for free and written by "an anonymous collective" of contributors.

Their mission is admirable ---- a good portion of the advice has been obviously written with care and understanding of our muddled financial system ---- but some of these schemes are so foolhardy we couldn't help but call them out.

Here's one of their more elaborate plans to upend the predatory payday lending industry, which involves finding 1,000 people from three different continents willing to commit fraud...
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OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

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