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Forum Post: Occupy's New Offshoot Set to Cancel Millions in Medical Debts

Posted 1 year ago on Nov. 17, 2012, 6:45 p.m. EST by LeoYo (4899)
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Hacker group Anonymous declares war on Israel

http://now.msn.com/anonymous-wages-war-on-israel-with-hacks-and-memes/

1 hr ago

Hacker activist group Anonymous has declared war on Israel, attacking hundreds of websites in the country to protest military action in Gaza. The group claims, via Twitter, to have deleted databases at the Israeli Ministry of Foreign Affairs and the Bank of Jerusalem, and has crashed more than 650 other national websites using Distributed Denial of Service (DDoS) attacks. The group also hacked into an Israeli real estate website to post more than 2,000 email addresses and their corresponding passwords. We don't know how meme-savvy the Israeli government is, but this recent tweet from Anonymous is pretty easy to interpret: "Israel, all your base are belong to us."

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Gun store owner bans Obama voters from setting foot inside his store

http://now.msn.com/cope-reynolds-bans-obama-voters-from-his-gun-store/

12 hrs ago

Residents of Pinetop, Ariz., who voted for Barack Obama in this year's election, don't bother going to Southwest Shooting Authority for all your firearm needs. You're not welcome there. Owner Cope Reynolds has taken out a full-page ad in the White Mountain Independent telling Obama voters that their business is "not welcome" in his store. The ad reads: "If you voted for Obama, your money is no good here. You have proven beyond a doubt that you are not responsible enough to own a firearm." So touchy. We think Reynolds should take a cue from his first name and learn to … cope.

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Judge sentences teen to 10 years of church

http://now.msn.com/tyler-alred-sentenced-to-10-years-of-church-by-judge-mike-norman/

5 hrs ago

Mike Norman is an Oklahoma district court judge known for sentencing offenders to attend church as part of probation agreements. Still, the sentence he handed down this week was notable both for its length and the age of the offender. On Tuesday, Norman sentenced 17-year-old Tyler Alred to a 10-year deferred sentence after he plead guilty to manslaughter. Among the stipulations of the sentence — that Alred attend church for 10 years. Norman said he’d never given the church sentence to an offender as young as Alred, who had been drinking before crashing his pickup truck and killing his passenger.

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Occupy's New Offshoot Set to Cancel Millions in Medical Debts

Saturday, 17 November 2012 09:20 By Fabien Tepper, Yes! Magazine | Report

http://truth-out.org/news/item/12797-occupys-new-offshoot-set-to-cancel-millions-in-medical-debts

Medical debt is the cause of 62 percent of bankruptcies, say organizers of Strike Debt, which threw last night's offbeat fundraiser for their new “Rolling Jubilee.” Ordinary people donated enough money to collectively buy an estimated $5.9 million in bad debt in order to cancel it.

On the first anniversary of Occupy Wall Street's eviction from Zuccotti Park, celebrity and local performers donated their time for a "post-modern variety show" last night at Manhattan's Le Poisson Rouge nightclub. They were there to raise money for what may be the most far-reaching project to grow out of the Occupy movement so far: a "bailout for the 99 percent" called Rolling Jubilee. Launched by Strike Debt, an offshoot of OWS, the Jubilee has begun erasing people's medical debt by infiltrating the debt-collection industry. The tactic is to buy private debt the same way collection companies do—on the debt market, at tiny fractions of its original worth—and then cancel it in hopes of freeing debtors from their piled-up medical bills. It is hoped that the action will bring debt servitude to the forefront of our national conversation.

Last night's live-streamed spectacle, billed as the People's Bailout Telethon, featured comedienne Janeane Garofalo, musicians Lee Ranaldo of Sonic Youth and Jeff Mangum of Neutral Milk Hotel, and a three-hour-long vaudevillian line-up of mariachi and magic, gospel and hip-hop, striptease and performance art. Comedy writer Lizz Winstead and cartoonist David Rees emceed the event, badgering a fluctuating online audience to donate money. With local Strike Debt chapters holding viewing parties across the country, there may have been close to 2,000 online viewers.

The event had been planned as a launch party for Rolling Jubilee, which opened its bank account on Friday, November 9. But as donations surged past the $250,000 mark—five times Strike Debt’s stated goal for the evening—the soirée took on the bubbly energy of a victory rally. Organizers say these donations could buy 20 times their amount in debt, since distressed medical debts (that is, debts seen as unlikely to be paid) can sell for as little as five cents to the dollar. In other words, a collection company might pay a hospital $10 for the right to chase down a patient's $200 debt. Or, in the case of Rolling Jubilee, a $10 donation could cancel a $200 debt. According to Yates McKee, a Strike Debt organizer, the group has "friends in the industry" with debt-purchasing experience who are bidding discreetly on the group's behalf.

Of the money raised this week, Strike Debt has already spent $5,000 on purchasing medical debt. Sometime soon, the first households will receive letters informing them that their debt has been cancelled, along with copies of a "Debt Resistor's Operation Manual.” According to the federal Consumer Financial Protection Bureau, about 30 million Americans have debts in collection—with tabs averaging $1,500. So, if the roughly $293,000 raised this week can indeed purchase $5.9 million of debt, this phase of the bail-out could help about 3900 families.

McKee emphasizes that the campaign is not about charity, but "solidarity and mutual aid." Nor is the campaign calling for debt "forgiveness," which reinforces the notion that debtors are guilty of moral failures. Instead, it encourages debt resistance. After all, "We're calling for this to be a political act of economic non-compliance,” he told me. “We are intentionally withdrawing our consent from this system."

It may sound like a stretch to call this form of activism "resistance." A few online commenters have suggested that it validates the debt collection system by using its channels. But Strike Debt views the Rolling Jubilee as just one tactic in a long-term strategy to empower debtors. Others include the creation of a Debt Resistors Organizing Kit, and debt-resisting acts of civil disobedience. "We realized that debt was really the tie that binds the 99 percent," said Pamela Brown, an organizer with the Occupy Student Debt campaign. "It's the intersection of Wall Street and our lives."

While the campaign is focused on the problem of the personal debts many of us rack up in pursuit of education, health care, and housing, Strike Debt activists have only been able to purchase medical debt at this point. It’s a worthy focus—Strike Debt says medical debt directly causes 62 percent of all bankruptcies. Student debt, which in the U.S. amounts to a staggering $1 trillion, has proven a difficult target because federally backed student loans cannot be bought (though McKee says the campaign may find ways to buy up private college loans or for-profit school loans). Strike Debt cannot seek out and buy defaulted debt from specific people, since anonymous accounts are sold in bundles. "With 15 percent of Americans currently being pursued by a debt collector, looking for one person’s debt would be like looking for a needle in a haystack," their website says.

Strike Debt is hoping that lessons from last fall's occupations will help promote common cause among the 99 percent. McKee wants to see an existing "invisible army of defaulters" recognize each other as co-combatants and engage the debt system together. Perhaps that will happen when Jubilee’s good-news envelopes start landing in mailboxes.

This piece was reprinted by Truthout with permission or license.

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In Leaked Documents, Honeywell Cites Obama Ties as Key to Anti-Union Strategy

Saturday, 17 November 2012 09:42 By Mike Elk, In These Times | News Analysis

http://truth-out.org/news/item/12799-in-leaked-documents-honeywell-cites-obama-ties-as-key-to-anti-union-strategy

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Techtivist Report: A Pivotal Moment for Internet Freedom

Saturday, 17 November 2012 12:21 By Conrad Jaeger, Occupy.com | Report

http://truth-out.org/news/item/12803-techtivist-report-a-pivotal-moment-for-internet-freedom

7 Comments

7 Comments


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[-] 1 points by beautifulworld (20500) 1 year ago

Re: The cancellation of medical debts: Go Occupy!

And re: the kid sentenced to Church. Some parts of the U.S. really do need to secede since they find our Constitution so unacceptable that they refuse to follow it.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

re: secede

Wonder what they will do for money? They do know that they are getting by only with public funds "from the rest of the nation" - don't they?

[-] 2 points by beautifulworld (20500) 1 year ago

They are rugged individualists. They'll figure it out.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

lol - BAM - I wonder if ayn covered this in her teachings?

[-] 2 points by beautifulworld (20500) 1 year ago

I hope so. They're gonna need it. Good-bye psycho religious "individualists."

[-] 3 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

Yep - Sooo Long it's been..............to know them. Soooo Long it's been..... to know them............now we're all having a damn fine time . . and it's time for them to be moving along.

[-] 0 points by VQkag2 (16478) 1 year ago

We should all donate, spread the word, and celebrate this success