Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 23 May 2014 [View all]xchrom
(108,903 posts)8. Our Economy Wants You to Be In Debt—5 Things You Can Do to Take Charge
https://www.commondreams.org/view/2014/05/22-4
Last month PM Press published the Debt Resisters' Operations Manual also known as the DROM. But dont 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 peoplehowever ironic it might seem to buy one with a credit card."Everyone is a debtor so theres no limit to the audience" said Andrew Ross, a member of the Occupy Wall Street offshoot called Strike Debt, in aninterview 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.
"From a young age, we are conditioned to feel that being in debt is shameful and worthy of punishment," the manual's anonymous authors explain.
Debtors shouldnt feel that way, the DROM argues, because the situation is largely unfair and out of their control. "The reason you have tens of thousands of dollars in medical bills is that we don't provide medical care to everyone," the authors write. "The reason you have tens of thousands of dollars of student loans is because the government, banks, and university administrators [are] driving college costs through the roof."
Last month PM Press published the Debt Resisters' Operations Manual also known as the DROM. But dont 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 peoplehowever ironic it might seem to buy one with a credit card."Everyone is a debtor so theres no limit to the audience" said Andrew Ross, a member of the Occupy Wall Street offshoot called Strike Debt, in aninterview 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.
"From a young age, we are conditioned to feel that being in debt is shameful and worthy of punishment," the manual's anonymous authors explain.
Debtors shouldnt feel that way, the DROM argues, because the situation is largely unfair and out of their control. "The reason you have tens of thousands of dollars in medical bills is that we don't provide medical care to everyone," the authors write. "The reason you have tens of thousands of dollars of student loans is because the government, banks, and university administrators [are] driving college costs through the roof."
Edit history
Please sign in to view edit histories.
41 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Jamie Dimon’s sinister P.R. ploy: What’s really behind JPMorgan’s Detroit investment
Demeter
May 2014
#20
And the self-inflicted wounds are going to kill us long before they bother the rest of world
Demeter
May 2014
#41
You know, I wasn't paying particular attention and another Weekend Snuck Up on Me!
Demeter
May 2014
#22
NYSE Margin Debt Declined Again in April; Leading Indicator for a Market Correction?
DemReadingDU
May 2014
#31