Our Economy Wants You to Be In Debt—5 Things You Can Do to Take Charge

[marmar]

from YES! Magazine:


Our Economy Wants You to Be In Debt—5 Things You Can Do to Take Charge
We pored through a debt-resistance manual created by former Occupiers to bring you these practical tips.

by Liz Pleasant
posted May 21, 2014


Last month PM Press published the Debt Resisters' Operations Manual —also known as “the DROM.” But don’t let that menacing-sounding acronym fool you: this is a book written in plain English and filled with tips and tactics for dealing with debt.

The book has been available online since September 2012, but this publishing marks the first time the manual has been printed, bound, and sold. Don't worry, you can still find a free copy online. But, hopefully, getting this book into stores will help its message reach more people—however ironic it might seem to buy one with a credit card.

"Everyone is a debtor so there’s no limit to the audience" said Andrew Ross, a member of the Occupy Wall Street offshoot called Strike Debt, in an interview with Guernica Magazine. Although Ross has gone public, most of the authors of the Debt Resister's Operations Manual have chosen to remain anonymous.

The book explains how creditors, big banks, and other lenders operate and how debtors can navigate both in and outside of the system. ...................(more)

The complete piece is at: http://www.yesmagazine.org/new-economy/our-economy-wants-you-to-be-in-debt-five-things-you-can-do-take-charge

[PowerToThePeople]

1. The 1% want you to be in debt

It keeps the system stocked full of desperate people.

The worst imo is student loan debt which can never be released, even via bankruptcy. It is permanent indentured servitude to to fascist system. Too bad I was young and naive and still believed in bootstrap capitalism when I sold myself to slavery this way.

[CrispyQ]

2. And when everyone has maxed out their credit? Then what?

It's fucking insane. We are nothing but a commodity to them - something to profit from in every aspect of our lives. When will people wake up & refuse to be treated this way?

[moondust]

3. Of course it does.

Does anybody think the wealthy are going to get wealthier by actually working?! Ha! Forget it, commies!

[dixiegrrrrl]

4. here is link for downloading the manual in pdf

http://strikedebt.org/The-Debt-Resistors-Operations-Manual.pdf

[eppur_se_muova]

9. 19.8 MB d/l. Thanks ! nt

[xchrom]

5. du rec.

[99Forever]

6. K&R

[daleanime]

7. K&R....

[malokvale77]

8. I dumped my credit cards over 10 years ago

I paid off my house in 2001, then I dumped my credit cards, my bank account and the expensive new car. I have never regretted it.

I disagree with the advice to not use non-bank check cashing services. Bank fees were eating me alive.

My philosophy is; if I don't have the cash, I don't need it. I carry little cash on me so I'm not tempted by impulse buys. I try to keep a little stash set aside for major things such as a broken air conditioner. I grow my own produce so I eat well and have plenty to share. You'd be surprised the favors you can collect by a home cooked meal, a fresh baked pie, a simple mend to a favorite pair of jeans, or by just simply being a decent human.

We don't have to be debt slaves. We all have something to offer in exchange for our needs.