Saturday, November 10, 2012

The Rolling Jubilee: Occupy Wall Street Campaigners
Buy-up Debt To Abolish It

This is brilliant! -AK

As a test run the group spent
$500 on distressed debt, buying
$14,000 worth of outstanding loans
Occupy Wall Street Campaigners Buy-up Debt To Abolish It
By Matthew Sparkes, The Telegraph – November 9, 2012

The Rolling Jubilee project is seeking donations to help it buy-up distressed debts, including student loans and outstanding medical bills, and then wipe the slate clean by writing them off.

Individuals or companies can buy distressed debt from lenders at knock-down prices if the borrower is in default or behind with payments and are then free to do with it as they see fit, including cancelling it free of charge.

As a test run the group spent $500 on distressed debt, buying $14,000 worth of outstanding loans and pardoning the debtors. They are now looking to expand their experiment nationwide and are asking people to donate money to the cause.

David Rees, one of the organisers behind the project, writes on his blog: “This is a simple, powerful way to help folks in need – to free them from heavy debt loads so they can focus on being productive, happy and healthy.

“Now, after many consultations with attorneys, the IRS, and our moles in the debt-brokerage world, we are ready to take the Rolling Jubilee program live and nationwide, buying debt in communities that have been struggling during the recession.”

A video released to promote the project says: “We shouldn’t be forced into debt to cover basic needs like healthcare, housing and education. We need a jubilee, a clean slate. The math is on our side; a little bit of money goes a long way. If we can raise $50,000 we can buy a million dollars worth of debt and abolish it.

“We bailed-out the banks and in return they turned their backs on us. We don’t owe them anything, we owe each other everything. It’s time for a bail-out of the people, by the people.”

The manuscript of survival – part 221

Aisha North
Channelings and words of inspiration

The manuscript of survival – part 221

As of today, you will all have access to one more frequency in this symphony of energy that is being played out on your shores. You see, you have all been opened sufficiently to be able to receive a much wider range of information than previously, so we will now start to emit signals that you have been unable to pick up on before. But now you will, and we think you will all find that these signals will start to bring with them some very interesting information indeed. Of course, this information will not register completely in your consciousness just yet as you go about in your daily life. But underneath all of that everyday hustle and bustle a new ”note” will start to make itself available to you, and with it, much will start to be literally fine tuned so that you will be better able to discern more of these beautiful frequencies that are enveloping you on all sides.

We speak, as usual, in parables, but let us just sum up this short missive by saying that the full scope of the harmonics that are being beamed onto your little planet have now reached such a magnitude it will be unable not to hear, even for the most tone deaf amongst you. And what we mean by that is just this: the melody has finally changed now, from that hollow and dense thumping that once surrounded you on all sides, metered out in exact measure to ensure your downcast minds to stay that way. But now, the jubilant choirs of heaven are already singing your praise, and the sound of the whole spectrum of octaves that are being sent forth into your realms will lift your hearts and souls to an even loftier height than before.

So again, we ask you to sit up and listen to these heavenly sounds coming in, as they are signalling the lasting victory you have won, and as such it is the voice of freedom singing out in joy. You have made it through the darkness dear ones, and what you are starting to hear are the sounds from the very first dawn of freedom starting to make itself heard, sending out the frequency of jubilation, ready to be picked up by that transmitter you all carry within.


This was posted at:

Statement to Employees from
Gen. David Petraeus (US Army Retired)

Statement to Employees from General David H. Petraeus (US Army Retired)

November 9, 2012

Yesterday afternoon, I went to the White House and asked the President to be allowed, for personal reasons, to resign from my position as D/CIA. After being married for over 37 years, I showed extremely poor judgment by engaging in an extramarital affair. Such behavior is unacceptable, both as a husband and as the leader of an organization such as ours. This afternoon, the President graciously accepted my resignation.

As I depart Langley, I want you to know that it has been the greatest of privileges to have served with you, the officers of our Nation’s Silent Service, a work force that is truly exceptional in every regard. Indeed, you did extraordinary work on a host of critical missions during my time as director, and I am deeply grateful to you for that.

Teddy Roosevelt once observed that life’s greatest gift is the opportunity to work hard at work worth doing. I will always treasure my opportunity to have done that with you and I will always regret the circumstances that brought that work with you to an end.

Thank you for your extraordinary service to our country, and best wishes for continued success in the important endeavors that lie ahead for our country and our Agency.

With admiration and appreciation,

David H. Petraeus

Posted: Nov 09, 2012 02:50 PM
Last Updated: Nov 09, 2012 02:58 PM
Last Reviewed: Nov 09, 2012 02:50 PM
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