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Rolling Jubilee Live Telethon (8pm est): A Bailout of the People by the People

The Rolling Jubilee is holding a live telethon tonight, Thursday November 15 at 8pm eastern. Watch the live stream of the event here.

The Rolling Jubilee is a new project inspired by the occupy movement, which raises money to buy debt from banks, but turns around and abolishes it.

"Together we can liberate debtors at random through a campaign of mutual support, good will, and collective refusal. Debt resistance is just the beginning. Join us as we imagine and create a new world based on the common good, not Wall Street profits," the organization states on its site.

The group has already raised nearly four times its stated goal of $50,000, which alone could erase up to $1 million worth of debt.



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