i read the latest stunt being

December 2025 Forums General discussion The ‘Occupy’ movement i read the latest stunt being

#86635
alanjjohnstone
Keymaster

i read the latest stunt being advocated in the US is to buy and then  right off the debt, a jubilee, as the original meaning of the word was.http://www.alternet.org/occupy-buy-and-relieve-peoples-debtIt is, of course simply a publicity stunt, with no practical application.  According to the Federal Reserve, median household debt in America has risen to over $75,000.  In credit card debt alone the figure is  $798 BILLION . Outstanding student loan is a TRILLION dollars. 8 MILLION Americans are in mortgage arrears.It is linked to call for a government bail-out of debters rather than a challenge to the existence of capitalism. That has to be the aspect we concentrate upon. There's no solution without abolition.