I haven’t heard too much from the Rolling Jubilee, Occupy Wall Street’s idea to cancel debt after purchasing it from collectors, since the initial announcement. But Yves Smith is absolutely right to address this threat of potentially making things worse for the borrowers the Rolling Jubilee (under the name Strike Debt) means to help. It [...]

The Occupy Wall Street movement has sustained many offshoots, including the high-level wonkery of Occupy the SEC and the direct-action foreclosure defense of Occupy Our Homes. Now another offshoot will attempt an innovative solution to the private debt crisis, which has been welling up in America for decades. This campaign began back in September with [...]