November 19, 2012

Scenes from the People’s Bailout


Last Thursday, Strike Debt launched the Rolling Jubilee campaign with a telethon and event at Le Poisson Rouge.

The People’s Bailout” raised enough money to abolish 5 million dollars worth of medical debt (the current amount raised since then is tracked on the Rolling Jubilee counter). According to a New York Times article about the campaign, the next step will be that the “people who incurred the debt in the first place will get a certified letter informing them they are off the hook.”

Thursday’s event featured activists who have been involved with Occupy Wall Street since 2011, as well as members of offshoots of the movement like Strike Debt, Occupy Theory, Occupy University, and Occupy Catholics. The variety show included musical acts, performers, religious sisters, and health care experts. Reporters from New York Magazine, The New Yorker, The New York Times, NPR and many more were on hand.

In the video below, Debt author David Graeber explains how Strike Debt will help the “invisible army of defaulters.”


Claire Kelley is the Director of Library and Academic Marketing at Melville House.