Strike Debt is launching the Rolling Jubilee as a way of getting rid of people’s debts through mutual aid. Rolling Jubilee seeks to buy defaulted charged-off debt at steeply discounted prices and then abolish the debt, keeping it out of the hands of debt collectors. The amazing thing about this campaign is that it is buying charged-off debt, so that means that if they raise $50,000, they can buy $1,000,000 worth of debt, and abolish it, freeing people from debt. Donate here or purchase tickets to The People’s Bailout, a variety show and telethon to benefit the 99%
Join Strike Debt for an updated version of an old classic, the telethon, to launch The Rolling Jubilee, a campaign that buys debt for pennies on the dollar and does away with it. Instead of collecting the debt, we will abolish it and help free the debtors!
People shouldn’t have to go into debt for an education, because they need medical care, or to put food on the table during hard times. We shouldn’t have to pay endless interest to the 1% for basic necessities. Big banks and corporations walk away from their debts and leave taxpayers to pick up the tab. It’s time for a bailout of the people, by the people.
It will be a wild night of music, comedy, magic, education, and the unexpected. This fast-moving variety show will mix well-known performers, intellectuals and activists from Strike Debt and Occupy Wall Street.
Special guests include Janeane Garofalo, Lizz Winstead, Frances Fox Piven, Max Silvestri, Hari Kondabolu, David Rees, The Yes Men, actor/director John Cameron Mitchell, Jeff Mangum of Neutral Milk Hotel, Lee Ranaldo of Sonic Youth, Guy Picciotto of Fugazi, Tunde Adebimpe of TV on the Radio, Climbing Poetree, the Invisible Army of Defaulters, members of Healthcare for the 99%, Occupy Faith, and many more.
*Tickets will go on-sale Friday, November 2nd at 10AM*
$25 (abolishes an estimated $500 worth of debt)
$50 (abolishes an estimated $1000 worth of debt)
$100 (abolishes an estimated $2000 worth of debt)
$250 (abolishes an estimated $5000 worth of debt)
This is a general admission, standing event.
The event will also be livestreamed at www.rollingjubilee.org