Occupy Wall St Says 'Rolling Jubilee' Raises Enough to Abolish $6 Million in Debt

[graham4anything]

3. How does that officially work?

sounds like a nice college project, but how actually would this work, so people could see it on paper?(the tech stuff).

Will there be a paper trail, to show how A goes to pay off B which lowers C (debt) and is then used to D (relieve student loans, medical, etc.)

because if there isn't some official proof, this is just a nice college project, how is the money getting into the US Treasury to cut the debt?

And can I just ask a question here-why don't we just raise taxes to get the US Treasury more money?
Being that if Joe Citizen gives $1000.00 directly to this noble cause, it is $1000.00 out of his pocket. Why not just increase taxes to make that same $1000.00

btw, what are the administrative expenses, costs?and what direct percentage is given?
(from above it sounds like 100%, but is that realistic??? People working round the clock for free?

(a question I ask when a charity asks for money call me a cynic, but ...