The despairing of May 2003 were convinced of one true thing, that we had not stopped the invasion of Iraq, but they extrapolated from that a series of false assumptions about our failures and our powerlessness across time and space.
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.
A coalition of Occupy groups called StrikeDebt is encouraging people to combat debt by way of popular resistance... up to and including complete default. Occupy hasn't left its "radical" roots, but has evolved as a voice on the subject of banking and finance.
This week I spoke to Karen Scharff of Citizens Action New York and Mark Hannay of Metro New York Health Care for All Campaign to talk about the so-called "fiscal cliff." Then I spoke to Yates McKee about Occupy Strike Debt and the Rolling Jubilee movement.
When the camps were evicted, the media breathlessly reported about the official death of the movement. Yet despite the Occupy funeral dirge that's been played in dozens of headlines, the movement has flourished in its post-encampment phase.
Rolling Jubilee buys bundled consumer debt for pennies on the dollar -- rather than pursue those debts through means both legal and otherwise, Rolling Jubilee simply cancels them.
Occupy Wall Street alumni have hatched a new plan: Raise money and then bail people out of debt. The campaign, called Rolling Jubilee, kicks off Thurs...
We're in debt, as individuals, because of a lack of services. If Washington lacks the political will to address these issues and kick a little ass, we'll do it ourselves. Our message to Americans is simple: You are not a loan. And you are not alone.
OWS is certainly muscling (buying?) its way in, but with a "business" model that collection agencies and debt buyers would not have entertained in a lifetime.