more on Rolling Jubilee

The movement gets a mention in The Guardian HERE.

Give them a small donation, and they will purchase roughly 20 times that amount in someone else’s debt (medical debt for now, which underlies 60% of U.S. bankruptcies, ridiculously enough), and simply write it off. This has to be done for purely random beneficiaries, or it will be treated as a taxable benefit.

It’s quite ludicrous, isn’t it, that it’s so easy to buy supposedly binding debt at such heavily reduced prices? But that’s part of what Rolling Jubilee is trying to show us.

You can read about Rolling Jubilee HERE. Which reminds me, I need to send them some more, and convince friends and family to do the same.