And Debt goes POOF ... Rolling Jubilee .... Donate Now | |
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| Real list User ID: 27933425 11/17/2012 09:22 AM Report Abusive Post Report Copyright Violation | For one thing, this seems like a lottery, the money goes to buy out RANDOM DISTRESSED debt. That is, some random person or CORPORATION has their debt wiped out. But this is debt that has little chance of being collected anyway. The second thing, the average person, having their debt erased will just go shopping, that is, they will incur new debt. Look again at the wording...DONATE. You give without expecting anything in return Count me out Last Edited by Real list on 11/17/2012 09:22 AM |
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| Anonymous Coward (OP) User ID: 5916429 11/17/2012 10:14 AM Report Abusive Post Report Copyright Violation | For one thing, this seems like a lottery, the money goes to buy out RANDOM DISTRESSED debt. That is, some random person or CORPORATION has their debt wiped out. But this is debt that has little chance of being collected anyway. Quoting: Real list The second thing, the average person, having their debt erased will just go shopping, that is, they will incur new debt. Look again at the wording...DONATE. You give without expecting anything in return Count me out Do you really think the debt absolution will bail out corporations? The movement has more going on than the average person, like you to think this is even a consideration. Typical glper. Sorry folks, been here a while. Learned a lot. Donating is giving without expectation, donating because one believes in the cause and knows group participation is good for all. Move along .... you're just spoiling it for the rest of us. |
| Anonymous Coward (OP) User ID: 5916429 11/17/2012 10:14 AM Report Abusive Post Report Copyright Violation | |
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| Real list User ID: 27933425 11/17/2012 10:30 AM Report Abusive Post Report Copyright Violation | For one thing, this seems like a lottery, the money goes to buy out RANDOM DISTRESSED debt. That is, some random person or CORPORATION has their debt wiped out. But this is debt that has little chance of being collected anyway. Quoting: Real list The second thing, the average person, having their debt erased will just go shopping, that is, they will incur new debt. Look again at the wording...DONATE. You give without expecting anything in return Count me out Do you really think the debt absolution will bail out corporations? The movement has more going on than the average person, like you to think this is even a consideration. Typical glper. Sorry folks, been here a while. Learned a lot. Donating is giving without expectation, donating because one believes in the cause and knows group participation is good for all. Move along .... you're just spoiling it for the rest of us. Banks sell debt for pennies on the dollar on a shadowy speculative market of debt buyers who then turn around and try to collect the full amount from debtors. The Rolling Jubilee intervenes by buying debt [link to rollingjubilee.org] Without more specificity I must assume they are buying BUNDLED debt securities which might or might not contain certain corporate debts. snip: The vast majority of student loans have these federal guarantees. We cannot buy these loans snip: so in an area that could do the most good for debt that is more certain to be personal, they can do nothing. Op can live in his(her) rosy world, if he(she) wants to, but I see this as not much more than donations to banks. ou are donating to erase debt that the banks will probably NEVER collect anyway. Well, the debt collecters will never collect. Here's a personal example: I Loaned a relative $10,000 so he could pay off his bank truck loan so he could take on more temporary debt for a realestate deal. Complicated. Anyway, the deal fell through, he filed bankruptcy that included his debt to me. I lost 10,000 and a bank gained 10,000. That was my donation. I bought his debt for him. In return he fucked me. 80% to 90% of the people this program might help will fuck you if they get a chance. Good luck rosy-eyse |
| Carshy McCarsh User ID: 27936268 11/17/2012 10:59 AM Report Abusive Post Report Copyright Violation | OP, Occupy is damonized here as an communist conspiracy by the lazy ones :))) Quoting: Anonymous Coward 27867520 Tard, Occupy is correctly identified as a Communist/Obama astroturf effort to counter the Tea Party and to give rise to a perceived need for martial law. It failed because, like everything, the left couldn't organize a piss up at a brewery. Tell me what this tastes like... |
| NSF001 User ID: 27928265 11/17/2012 11:17 AM Report Abusive Post Report Copyright Violation | Sorry what, the global banking cartels fuck up, get caught fucking up then say alright then, just pay us whatever part of the fictonal amount you can. Pennies in the dollar on trillions still works out at billions real terms, the fuckers that are collecting this money are already million/billionaires. Give them fuck all. I don't think so, he's up there with the others laying low, vying with those who you've traded your life to to bless your soul, |
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| Anonymous Coward (OP) User ID: 5916429 11/17/2012 11:22 AM Report Abusive Post Report Copyright Violation | Sorry what, the global banking cartels fuck up, get caught fucking up then say alright then, just pay us whatever part of the fictonal amount you can. Pennies in the dollar on trillions still works out at billions real terms, the fuckers that are collecting this money are already million/billionaires. Quoting: NSF001 Give them fuck all. people are being relieved of debt, it's a start ... better than just fucking complaining about it. what are you doing? |
| Anonymous Coward (OP) User ID: 5916429 11/17/2012 11:24 AM Report Abusive Post Report Copyright Violation | OP, Occupy is damonized here as an communist conspiracy by the lazy ones :))) Quoting: Anonymous Coward 27867520 Tard, Occupy is correctly identified as a Communist/Obama astroturf effort to counter the Tea Party and to give rise to a perceived need for martial law. It failed because, like everything, the left couldn't organize a piss up at a brewery. Sorry, no .... bad intel there. OM is working why else so many dissing it here on this site, which we allknow is _______. but, without the chessboard, how can the game continue? we are being observed ... how many does it take to change the LIGHT bulb? |
| Anonymous Coward (OP) User ID: 5916429 11/17/2012 12:13 PM Report Abusive Post Report Copyright Violation | You really don't think this is on the level? Read on and know it's real .... Rolling Jubilee - Setting people free Hello I’m Justin and I’m excited about Rolling Jubilee. This is an awesome opportunity to help set people free from the bondage of debt. Three years ago, I was deep in debt. It was awful, I couldn’t sleep, I was depressed, and I felt trapped. I was blessed to still have a job in these tough economic times and was able to make all of my payments. The day I made my last payment, I felt a sense of joy and freedom like no other. It was awesome to get free. Now, I want to give others that same chance. It doesn’t matter to me how they got into debt, I just want to see people set free. I want to see amazing stories of people finding out that all their debt has been wiped clean. I want to celebrate with them. I think it’s one of the best gifts you can give. Jubilee is the ancient practice of forgiving all debts every 50 years. It served as a way to keep people free to pursue their dreams and contribute to a vibrant economy. Jubilees help everyone. There are people in debt right now that have ideas and visions that are held up only by their loans. Jubilee is an amazing investment in the health of this nation. My wife and I are giving $250 to Rolling Jubilee to eliminate $5,000 of burdensome debt and we are excited to see what happens. We are excited to see those held back from their dreams given a second chance to chase that dream. Please join RollingJubilee and make this possible. [link to whystrikedebt.tumblr.com] |
| Anonymous Coward (OP) User ID: 5916429 11/17/2012 12:19 PM Report Abusive Post Report Copyright Violation | Take a look at what the Rolling Jubilee is and how it works: POOF we're in 5D, or some of us are .... where are you? [link to www.youtube.com] |
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