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Here is an idea, to steal from their idea I guess. What if we kickstarted a campaign to raise $50-100M to buy off random people's debts this same way they did?
by brianbreslin 13y ago
Here is an idea, to steal from their idea I guess. What if we kickstarted a campaign to raise $50-100M to buy off random people's debts this same way they did? Target areas where people are hardest hit financially, softening the burden in those places a teeny bit?
Could also be used for buying up grossly underwater properties and issuing new loans to help people? Just a thought.
- insaneirish 13y agoGreat idea. Why should people have to be held responsible for their actions?
- rurounijones 13y agoDamn straight! If someone in the US gets sick or is in an accident[1] they should suck it up and be responsible for things they cannot control / were not their fault; even if it bankrupts them. [1] RollingJubilee pays mainly medical debts.
- evan_ 13y agoThat's exactly what they're already doing. You can contribute to their operation: http://rollingjubilee.org/#contribute http://rollingjubilee.org/#contribute
- dragonwriter 13y ago> Here is an idea, to steal from their idea I guess. What if we kickstarted a campaign to raise $50-100M to buy off random people's debts this same way they did? The more money you raise for that purpose, the more you'll increase the market value of the targetted kinds of debt. Succeed enough, and you'll create a credit bubble that pops when the influx of money runs out.