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We are the 99 percent

Articles tagged people's bailout

Help Abolish Debt with The People's Bailout: A Variety Show & Telethon to Benefit the 99%

Posted 11 years ago on Nov. 3, 2012, 10:59 a.m. EST by anonymous
Tags: people's bailout, strike debt, rolling jubilee, nyc

poster for The People's Bailout

#RollingJubilee begins November 15th with the #PeoplesBailout

Buy tickets here: http://www.lepoissonrouge.com/lpr_events/peoples-bailout/
100% of ticket sales go to abolishing debt

Greetings from Strike Debt!

It’s finally time to tell you about our exciting new project, “The Rolling Jubilee” (www.rollingjubilee.org). The basic premise is simple: people shouldn’t have to go into debt for an education, because they need medical care, or because they have to put food on the table during hard times.

No politician is going to fix this.

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. Our goal for the launch is to raise $50,000, which will likely allow us to abolish more than $1,000,000 dollars worth of personal debt. The more money we raise, the more debt we can abolish. Donations can be made online at rollingjubilee.org beginning around November 15.

More details will be released as we get closer to the launch.


This campaign will launch on November 15th with THE PEOPLE'S BAILOUT, a telethon and variety show at Le Poisson Rouge in New York City. There will be music, comedy, education, magic and more. Confirmed guests include: comedian Janeane Garofalo, Daily Show co-creator Lizz Winstead, actor/director John Cameron Mitchell ('Hedwig and the Angry Inch'), comedian Hari Kondabolu, David Rees ('Get Your War On'), Jeff Mangum of Neutral Milk Hotel, Lee Ranaldo of Sonic Youth, Guy Picciotto of Fugazi, Tunde Adebimpe of TV on the Radio, and more. (Download Poster at https://sphotos-b.xx.fbcdn.net/hphotos-prn1/46531_297288527050595_1862553266_n.jpg)

Tickets for the show go on sale today at 10AM. Purchase yours at http://www.lepoissonrouge.com/lpr_events/peoples-bailout/. Be quick, we expect them go fast!