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Payday loans... unsecured loans at 400% per year.
Auto title loans... secured loans at 400% per year.
Pension loans... sacrificing your old age so you can live until you get there.
Fraudulant mortgage loans... so they can steal your house in a couple of years.
LIBOR manipulation of interest rates... so a few can illicitly make billions while the rest of us pay them off.

From the sleaziest local payday loan mill to the sleaziest financial behemoth with tentacles reaching throughout the world's economy, they are all sleazy.  Did I inform you yet how sleazy I think they all are?

The only way to fight them is to join together, to realize we are not alone, and that debt has become a societal plague, not something to be ashamed about. Strike Debt Bay Area presents our second Debtors' Assembly. Come, participate, and help us figure out how to begin the process of resistance.

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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.
More information

Strike Debt Bay Area Web Page

Strike Debt Bay Area Facebook

Strike Debt Web Page.

ORGANIZATION INFO: Strike Debt Bay Area is the local chapter of Strike Debt, an international movement of groups working to build popular resistance to all forms of unjust debt. Strike Debt has organized the Rolling Jubilee, the Debt Resistors Operations Manual, and local debtors’ assemblies. Strike Debt supports the creation of just and sustainable economies, based on mutual aid, common goods, and public affluence.  We owe the financial institutions nothing.  It is to our friends, families and community that we owe everything.

Saturday, May 18th (Tomorrow), 2:00 PM - 5:00 PM
Unite Here, Local 2 (near Civic Center BART)
209 Golden Gate Avenue
San Francisco, CA


Here's a story of one person's tragic encounter with debt and creditors from across The Pond.

Originally posted to jpmassar on Fri May 17, 2013 at 03:21 PM PDT.

Also republished by Occupy Wall Street, ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement, SFKossacks, Progressive Policy Zone, and Dailykos Kossacks For Action.

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