Occupy Wall-Street to unveil new initiative

Occupy Wall StreetOccupy Wall Street has just announced the release of its latest project, Rolling Jubilee.

According to Forbes, Rolling Jubilee is a way for Occupy Wall Street to help anyone who has debt to abolish it.

The Occupy movement has already done a test run claiming that by having spent $500 they were able to buy $14,000 worth of outstanding debt. The person with the debt would then have a clean slate. They would owe Occupy Wall Street nothing.

The movement is trying to get more people to donate it funds so they could relieve many debt holders.

This is the latest in a series of initiatives done by the Occupy movement to promote helping one another instead of protesting. Another recent project was Occupy Sandy, which helped with the storm relief effort.

Flickr Photo by: YODCOX!

STORY WRITTEN BY: GREGORY WILSON