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Debt Forgiveness

Does Debt Forgiveness Work? Ask Africa

Marcelo Giugale | Posted 07.13.2014 | World
Marcelo Giugale

Corruption, natural disasters, wars, bad policies, and bad luck made it impossible for African governments to keep up with debt payments without cutting basic services to their people, who were already poor and getting few services in the first place.

Occupy's Rolling Jubilee Keeps Rolling -- and the Band Plays On

Jerry Ashton | Posted 02.03.2014 | New York
Jerry Ashton

Occupy Wall Street's "Strike Debt" (SD) working group and its "Rolling Jubilee" (RJ) operation is partying like the music will never end. And, if the...

Oppressive Mortgages and Student Debts? Check Bible and Quran

Rabbi Arthur Waskow | Posted 09.15.2013 | Religion
Rabbi Arthur Waskow

What if the American people proclaimed through action that after seven years of payment, the first $180,000 owed on owner-occupied home mortgages are annulled, released?

Forgive Us Our Debts

Sally Steenland | Posted 02.26.2013 | Religion
Sally Steenland

The link between money and morals isn't limited to the pages of ancient sacred texts. You can spot it in today's news thanks to a creative new project called the Rolling Jubilee, part of the Strike Debt campaign.

Fiscal Cliff: Let's Call Their Bluff!

Ellen Brown | Posted 02.18.2013 | Politics
Ellen Brown

Slashing services, selling off public assets, and raising taxes won't cure these ills. To maintain a sustainable and productive economy requires a visionary leap into the new. A new economy needs new methods of public financing.

The Disturbing Inaction of Congress on the Mortgage Cliff

Adam Levin | Posted 02.05.2013 | Money
Adam Levin

While the fiscal cliff gets all the attention, the mortgage cliff is just as steep, and just as perilous. If American consumers take another big fall, our leaders are almost certainly not far behind.

'Forgive Us Our Debts': Occupy Operationalizes The Lord’s Prayer on Debt

Rev. Dr. Susan Brooks Thistlethwaite | Posted 01.16.2013 | Religion
Rev. Dr. Susan Brooks Thistlethwaite

It has never been more important to raise the issue of debt forgiveness and do something about it in concrete ways than it is in 21st century America. But how could the biblical Jubilee possibly be an economic plan in today's economy? Enter Occupy Wall Street's "Rolling Jubilee."

Premature Occupy Wall Street Group Effort Wants Consumer Debt to Vanish with Rolling Jubilee

Steve Rhode | Posted 01.13.2013 | Money
Steve Rhode

Organizers are buying up consumer debt for pennies on the dollar and instead of collecting on it they are forgiving it. In my opinion the effort is misguided because this strategy can result in those with their debt forgiven, owing the IRS.

Beyond Money

Robert Koehler | Posted 10.16.2012 | Politics
Robert Koehler

The economy should not be an end in itself, an irresistible force that we fail to serve at our peril -- yet that's the conventional attitude. The economic suicides of Europe are testimony to the prevalence of this belief.

Want Economic Growth? Forgive and Restructure Debt for American Working Families

Steve Clemons | Posted 09.21.2012 | Politics
Steve Clemons

Finding a way to restructure and write down debt held by financiers and banks is the fastest and most effective way to bolster healthy economic growth.

Managing Cash

Michael Kaiser | Posted 03.18.2012 | Arts
Michael Kaiser

As with all aspects of fixing a troubled organization, celebrate successes. When the entire organization celebrates the shrinking level of vendor debt, everyone becomes more confident that solvency can be achieved.

Jason Linkins

Blogger Manages To Get Pro-Student Loan Forgiveness Piece Onto WaPo Website

HuffingtonPost.com | Jason Linkins | Posted 11.29.2011 | Media

An email tipster points me to this article on the Washington Post's website from Susan Brooks Thistlethwaite, who argues that "[w]e need to start taki...

Forgive Student Loan Debts to Stimulate the Economy

Brett Greene | Posted 12.19.2011 | Denver
Brett Greene

Most of the people I know with student loans do not expect to be able to pay them off in less than 30 years. Some of them do not know if they will be able to pay off their student loan debt in their lifetime.

Jason Linkins

Trying To Discern Occupy Wall Street's 'Demands'? Think 'Jubilee'

HuffingtonPost.com | Jason Linkins | Posted 12.05.2011 | Politics

Over at Salon, Alex Pareene writes about the struggle that the media is having discerning the "demands" of the Occupy Wall Street movement even though it's easy to discern the larger concerns of the 99% if you just start paying attention.

Is Volunteering In Exchange For Debt Forgiveness Still Volunteering?

Richard French | Posted 10.30.2011 | Impact
Richard French

The entire concept of exchanging community service for defaulted second mortgage debt is simply meant to provide an alternative form of currency for the struggling American homeowner.

5 Ways You Can Help Pakistan (and the Rest of Us)

Sarah van Gelder | Posted 05.25.2011 | World
Sarah van Gelder

Some Americans may hesitate to contribute to flood relief because we associate Pakistan with qualities we don't admire. How can we distance ourselves from the qualities we don't like while offering solidarity to the people of Pakistan?

Sarkozy In Haiti: France's President Brings Rebuilding Plan To Haiti

AP | JONATHAN M. KATZ | Posted 05.25.2011 | World

PORT-AU-PRINCE, Haiti — First there was an empty field. Then came rows of makeshift tents. Now those camps are turning into shanty towns –...

Time For a Moratorium on Foreclosures and Debt Relief

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

If you believe, as I do, that there is an economic emergency underway affecting the most vulnerable among us, as foreclosures grow and poverty deepens, isn't it time to start demanding debt relief?