The Rolling Jubilee project – how cool is this?

The Rolling Jubilee project, connected to the Occupy Wall Street movement. Raising money to buy debt from banks at rock-bottom prices, but instead of going after the debtors, like debt collecting agency would, they cancel it! To date, they have raised nearly $500,000, which buys (and cancels) just shy of $9 million in debt.

And this is why this is a good thing:

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