Sunday, November 11, 2012

"who is it that will lend to allah a beautiful loan... ?"

While the original concept of a Jubilee comes from the Bible, we can certainly find similar teachings in the Quran: Who is he that will Loan to Allah a beautiful loan? for (Allah) will increase it manifold to his credit, and he will have (besides) a liberal Reward. (57:11)

The idea behind the current project is elegantly simple: "A bailout of the people by the people. We buy debt for pennies on the dollar, but instead of collecting it, we abolish it. We cannot buy specific individuals' debt - instead, we help liberate debtors at random through a campaign of mutual support, good will, and collective refusal."

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1 comment:

G. Loli said...

great blog, great stuff--comment on this vid: nice idea/sentiment, but until we go down deeper and deal with the beast in the cellar which is 1st world waste--i mean, all these nice, well-dressed, clean-smelling cool people whose standard of living is reliant on their country/countries sacking and pillaging near and far...we're going to foil the suits and start all over again...we are too spoiled and don't even know it.