Sat 17 Nov 2012
Occupy’s New Offshoot Set to Cancel Millions in Medical Debts
Posted by k under Civil Liberties , Democracy , FinanceNo Comments
Medical debt is the cause of 62 percent of bankruptcies, say organizers of Strike Debt, which threw last night’s offbeat fundraiser for their new “Rolling Jubilee.” Ordinary people donated enough money to collectively buy an estimated $5.9 million in bad debt in order to cancel it. (more…)