Long before the curtain goes up on the Rolling Jubilee's kick-off telethon tonight, it was clear that the event's organizers have struck a nerve.
Strike Debt set an initial goal of raising $50,000, which they calculated would allow them to buy and forgive $1 million in debt. Before the telethon even started, they were already already approaching four times that figure.
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After a long, rollicking and vintage Occupy-style concert and telethon last night called the People's Bailout, which included music, talks about debt, and performances the Rolling Jubilee has raised enough money to forgive over 5 million dollars of debt.Read the rest here. Huzzah!