Welcome login | signup
Language en es fr
We are the 99 percent

Invisible Army of Defaulters: Communique #1

Posted 7 years ago on Aug. 10, 2012, 4:20 p.m. EST by OccupyWallSt
Tags: communiqué

via the Internet.


From the Debtor's Jungle:

We are the Invisible Army of Defaulters. We are your neighbors. We are your family, your friends. We are millions. We are everywhere. We are going to bring the system to its knees. We can, because we wield the one power that all the armies of the world can never defeat: The power of refusal. This power has destroyed the mightest empires. The same fate awaits the current system of mafia capitalism in America, an economic system driven by Wall Street CEOs who produce nothing, contribute nothing, who have bought our government and reduced it into a criminal enterprise whose main purpose is to support loan-sharking, gambling, extortion, and the slow reduction of American citizens into debt peons. Every dollar we take from a subprime mortgage speculator, every dollar we save from a collection agency is a tiny piece of our own lives and freedom that we can give back to our communities. To be able to take care of our children, our friends, our families is a value that no accountant can ever measure, that no government, loan administrator, or hedge fund manager can ever have the right to take away from us. We are an army of lovers who cannot be defeated. We are laying the groundwork for another world. Strike debt.

Resist. Insist. Stand together. Build. Never give up. #S17.



Read the Rules
[-] 4 points by francismjenkins (3713) 7 years ago

Strong message, great language (I love the term "mafia capitalism" and invoking the Gandhian idea of "refusal").

[-] 0 points by MattLHolck (16833) from San Diego, CA 7 years ago

forget about it

[-] 1 points by francismjenkins (3713) 7 years ago

hoooooahhhhhhh .... :)

[-] 4 points by OQPicanoncity (4) from Cañon City, CO 7 years ago

we have men with guns (sheriffs) showing up at doors to serve lawsuits for a few thousand dollars yet another robbery (libor) goes unnoticed. we have collection agents banging and screaming at doors pretending to be sheriffs...liens on underwater homes from credit cards, debtors prison, the only thing we are guilty of is being poor after being robbed systematically for decades, duped, cheated, hood winked, hussled and strong armed.

[-] 3 points by TrevorMnemonic (5827) 7 years ago

Never give up

great post

[-] 2 points by Fangsinmybeard (5) 7 years ago

There is no other alternative left, than to have the community, citizens and the nation rise up and enforce the constitution, for it rests upon us to fully voice our outrage over the deafness to our ultimate authority.

[-] 1 points by VQkag2 (16478) 7 years ago

move your money. forgive the working class debt

[-] 1 points by phytojo (6) 7 years ago

I have been in and out of foreclosure for almost a dozen years, the servicer (Chase) stole $500 from me, charged late fees on payments that were not late, failed to pay taxes and insurance on the property as required in the deed of trust, then used these illegal charges to subvert my subsequent bankrupcy(s). I let a foreclosure proceed in 2009, but they failed to take possesion...now Fannie Mae posted on my door that they own the house although my last communication from Chase was that the house was still mine to sell... anybody out there know of a lawyer who might give me some guidance? I have retained three previously who were not much help! thanks for any suggestions, j sourile, austin, texas

[-] 1 points by doitagain (234) from Brooklyn, NY 7 years ago

Canadian people are here to helps us, cant you see?

[-] 1 points by Josap (1) 7 years ago

Better to never go into debt, better to pay off debt and accept no new debt. Remember the interest you pay may be the interest that is paid out to your grand-dad as his retirement check.

[-] 1 points by OccupyNews (1220) 7 years ago

and support good ideas.

The Debt Neutrality petition is up to 43 signatures. http://www.change.org/petitions/congress-create-debt-neutrality-rights-for-paying-down-credit-cards-student-loans

[-] 1 points by Nevada1 (5843) 7 years ago


[-] 1 points by OccupyNews (1220) 6 years ago

Thank you!


[-] 1 points by OccupyNews (1220) 7 years ago

Many times family or friends won't say anything for many reasons. Once blood is smelled, one never knows how others will react. Will people be judged, questioned, or helped?

Debt Neutrality avoids all of that. People pay off their credit card and student loans with no more interest rate charges, penalties or fees.

Of course, the debtor cannot be running up new debt at an equal to or greater amount.


[-] 1 points by MattLHolck (16833) from San Diego, CA 7 years ago

I have two friends that still own a house


[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 7 years ago

Yes the system must be repaired/reformed/re-dedicated to being fair and honest to all. Criminals can not be allowed to operate because they are large corpoRATions - they should be held more strictly accountable to the law. As should Public Officials.

Suspend all debt collection and all interest and fees until the system is fixed ( usury and predatory practices must end and it's victims released from the illegal practices and subsequent illegal penalties ) and the corporate criminals charged and processed through the legal system.

When there is Justice for all we will begin healing this country this world.