Rolling Jubilee: Good Idea or a Free Ride for Slackers?

November 19, 2012

Started by the people behind Occupy Wall Street, Rolling Jubilee is a project formed to buy debt as a collection agency would. But instead of collecting on that debt, they are abolishing it. Is it fair to abolish debt of people who overspend, while others live within their means? Is it sending the wrong message about fiscal responsibility? Or is it a case of, who cares! The banks got a bailout, why shouldn’t people? This week, that’s what I talked about on the streets of Times Square NYC for RT.

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