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View Diary: The Interesting Economics of Rolling Jubilee (92 comments)

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  •  a few things: (15+ / 0-)

    One, owing to the random nature of buying bulk debt, there is no way to sort out the righteous victims from the irresponsible nincompoops.

    Two, in the most practical sense, bailing out an occasional irresponsible nincompoop is a necessary consequence of bailing out all these righteous victims.

    Three, in the political sense, we do not want to replicate the right-wing ideology where, as Orgre said above, someone "is sitting around, making privileged, sniffy, moralistic noises about who deserves a break, and who deserves to be fucked over because they did something stupid."

    Four, in the most idealistic sense, the fact that this is unconditional is what is most revolutionary of all about it.  Unconditional forgiveness, un-asked-for, un-earned, just purely gratuitous, pure generosity in action, the total repudiation of sniffy right-wing moralizing, the total repudiation of the whole Wall Street vampire mentality, the propaganda of the deed, and the ferocious power of nonviolence.  All in one.

    Five, in the long term sense, all of this gratuitous unconditional forgiveness creates an emotional tsunami of good will that cannot be stopped.  It will change peoples' lives, and create idealists faster than we can get them registered to vote.  

    We got the future back.

    by G2geek on Fri Nov 16, 2012 at 01:42:24 AM PST

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    •  that's fine (1+ / 0-)
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      and i accept that we'll have to bail out some nincompoops to serve the greater good.  but let's not pretend there aren't any nincompoops.

      History will be kind to us because we will write it.

      by Sky Net on Fri Nov 16, 2012 at 03:35:20 AM PST

      [ Parent ]

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