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Greetings from Strike Debt!
It’s finally time to tell you about our exciting new project, “The Rolling Jubilee” The basic premise is simple: people shouldn’t have to go into debt for an education, because they need medical care, or because they have to put food on the table during hard times.
No politician is going to fix this.
The Rolling Jubilee is a bailout of the people by the people - we buy defaulted debt for pennies on the dollar, but instead of collecting it, we abolish it.
Our goal for the launch is to raise $50,000, which will likely allow us to abolish more than $1,000,000 dollars worth of personal debt. The more money we raise, the more debt we can abolish. Donations can be made online at rollingjubilee.org beginning around November 15.
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