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