Strike Debt Bay Area is holding its third Debtors’ Assembly this coming Saturday, November 23rd, in Berkeley, California. It will commence at 2:00 PM at the Berkeley Fellowship of Unitarian Universalists Fellowship Hall, located at 1924 Cedar St.
Last week Strike Debt’s Rolling Jubilee project announced the symbolic burning of some $15,000,000 in medical debt, purchased at $0.02 on the dollar.
Strike Debt is also involved in the fight for principal reduction via the use of eminent domain, centered now on Richmond, California. (See here and here for detailed explanations.) Bit by bit, inch by inch, the idea is attracting more attention all over the country.
… what started as a local campaign to save struggling homeowners could balloon into something much bigger. “With the support of other cities we can really provide that leverage to get the banks to come to the negotiating table,” said Mayor Gayle McLaughlin. “I’m thinking this is now gaining the momentum that we need in terms of creating a national movement.”
What once was a fantasy (providing real aid to Main Street’s homeowners instead of continuing to bail out Wall Street’s CEO’s) is now a possibility. In a year or two it could be a reality.
Another world is possible. Not given, but possible.
Debt keeps us isolated, ashamed, and afraid – of becoming homeless, of going hungry, of being crippled or killed by treatable illness, or of being trapped in poverty-level jobs. Those facing foreclosure, medical debt, student debt, or credit card debt feel alone, hounded by debt collectors, and forced into unrewarding work to keep up with payments.
Fight the isolation, shame and fear.
If you would like to stop merely “Being a Loan”, stop “Being Alone” with your debt burdens, and/or want to “Join the Growing Resistance!” whether or not you are yourself facing debt problems, come by.