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For those of you not on the OWS/Strike Debt email list...
It’s finally time to talk about an exciting new initiative from Strike Debt, called “The Rolling Jubilee”. The Rolling Jubilee is a bailout of the people by the people - we buy defaulted debt for pennies on the dollar, but instead of collecting it, we abolish it.
We're writing to ask the national Occupy network for help to spread the word about it's launch. Using social media, we hope to harness the collective voice of Occupies against the predatory debt industry, in the same way that the StopKony campaign marshaled southern churches against an African warlord.
Here's are the details.
THE PEOPLE’S BAILOUT
Our launch will be on November 15th, with a "telethon" called THE PEOPLE'S BAILOUT. There will be roughly three hours of music, comedy, education, magic. Confirmed guests include: comedian Janeane Garofalo, Daily Show co-creator Lizz Winstead, actor/director John Cameron Mitchell, Hari Kondabolu, David Rees, Jeff Mangum of Neutral Milk Hotel, Lee Ranaldo of Sonic Youth, Guy Picciotto of Fugazi, Tunde Adebimpe of TV on the Radio, and more. The telethon will be at Le Poisson Rouge in New York City and will be streamed live at www.rollingjubilee.org. Tickets will go on sale on November 2nd at 10am.
Our goal is to raise $50,000, which will allow us to abolish more than $1,000,000 dollars worth of medical debt. 100% of the funds go to buying debt. If we raise more, we’ll buy more debt. Donations can be made online at rollingjubilee.org.
HOW YOU CAN HELP
We're hoping you can help us spread the word about our launch via social media. We can't afford billboards or TV ads (especially during election season!) but we can harness our global people power network to spread the word about the Rolling Jubilee. Let’s get the message out far and wide. Here’s how:
The most important thing right now is to help us build the network for our big push days. There are a few simple things you can do, that will take just a few minutes:
1. Forward this message to your friends and family.
3. Follow @StrikeDebt on Twitter.
4. Post and tweet using the hashtags #PeoplesBailout and #RollingJubilee, referring to our website (www.rollingjubilee.org) and twitter handle (@StrikeDebt).
Some sample posts can be found here: http://bit.ly/RJSampleTweets.
Feel free to copy-and-paste those, or make your own!
5. Donate your Twitter or Facebook account for one daily re-post or re-tweet:
http://donateyouraccount.com/StrikeDebt. This is a safe and easy way to help us keep spreading the message.
HELP US PROMOTE ON NOVEMBER 8TH and 15TH
We’re going to try two big coordinated social media pushes to promote #PeoplesBailout: one when our donation site opens, and the other on the day of the telethon itself. In order to maximize the impact of a sudden spike in social media buzz, we won’t announce the details of the campaign content until the day before the push. WE NEED YOU TO MAKE THIS WORK. To get the latest on our campaigns, sign up for our announcement list, or follow @StrikeDebt on Twitter. Or just reply to this email and let me know you can help out with the big push, and I’ll put you on my private list.
HOST A VIEWING PARTY FOR THE TELETHON
Invite your friends over to watch the telethon on the HQ stream. Direct everyone to send donations via the website: http://rollingjubilee.org. If you’d like tips about how to do this effectively, email firstname.lastname@example.org for more information, or get on our weekly InterOccupy conference call, Thursdays at 8:30pm.
Please forward this request to all of your friends and family you think would be interested.
We're happy to answer any questions you have about the Rolling Jubilee. Just email email@example.com.
Three out of four Americans are in debt, many of whom are in default or nearing it. One in seven are already being pursued by debt collectors. People shouldn’t have to be forever haunted by debt that they accrued for an education, because they needed medical care, or because they had to put food on the table during hard times. No politician is going to fix this. Millions of people will be excited to hear that something is finally being done.
Thanks for your help!
~ Strike Debt / Rolling Jubilee
PS - To head off one common question, we cannot buy specific individual's debt - instead, we help liberate debtors at random through a campaign of mutual support, good will, and collective refusal. As a trial run, we spent $466 and successfully bought and abolished $14,000 of medical debt.
Here are some articles about Strike Debt and The People’s Bailout: