As many of you might already be aware, debt resistance has become one of
the central themes of Occupy Wall Street as it moves into it's second year.
There are a number of working groups who are starting to work towards the
kind of debt strike/divestment project we were discussing at ContactCon
last October. If you want to actually help build a global debtors movement
that has the ability to carryout large-scale debt refusal, I strongly
suggest you subscribe to the Strike Debt listserve:
If you live in NYC Strike
holding weekly debtors assemblies on Sunday afternoons. They are
usually in Washington Square Park but this Sunday Aug 26th we are meeting
in Prospect Park <http://www.facebook.com/events/271597596283212/> at 2pm
for a BBQ and open assembly.
Strike Debt is an umbrella term embracing a diversity of tactics for
debt resistance, including a debt strike and divestment campaign. Strike
Debt is working on a number of exciting projects including a Debtor's
Operation Manual full of tricks and tactics for resisting debt which should
be published by Sept 17th.
If you don't live in NYC consider creating a debtors assembly in your own
city. From reports I'm getting San Francisco is planning debt-related
actions on Sept. 17th and I'm sure other cities are also working on debt
resistance as well.
The Invisible Army <http://youtu.be/zrjs9rQUchg> is a brand new campaign
which is just getting going to organize the millions of people who are
already in default.
The Occupy Student Debt Campaign
<http://www.occupystudentdebtcampaign.org/>is about to reboot their
campaign to organize students to refuse to pay
back their student loans. The OSDC listserve is *
The main project that I've been working on since Oct has been renamed the
"Rolling Jubilee" and will hopefully launch within the next several months.
We're going to try to raise as much money as we can, buy as much debt as
possible for pennies on the dollar (banks sell defaulted, charged-off debt
to debt collectors for 1%-5% of the principle) and then abolish it. We're
going to send reports to one of the three credit reporting agencies that
these debts have been paid as agreed ending collection and somewhat
restoring their credit. When it launches I'd appreciate your help to spread
What we started talking about at ContactCon is being talked about by a lot
of other people. If you're still on board, I'd say it's a good time to plug
into Strike Debt.
This e-mail is a handmade object, all errors of spelling and grammar give
it a sense of character and authenticity.