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Time for Jubilee?

BDBoop

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Don't harsh my zen, Jen!
Time for Jubilee | Truthout

So, perhaps it’s time for some Jubilee. A few thousand years ago, people faced similar issues:

In the Biblical book of Leviticus, a Jubilee year is mentioned to occur every fifty years, in which slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest.

A Jubilee calls for forgiveness and, more accurately, release and cancellation of debt. [D]uring a year of Jubilee, all debts must be forgiven, especially those of the poor. No generation, no family, no nation should be condemned to perpetual debt from one era to the next. Fifty years is long enough.

The Jubilee year was meant to restore equality among all the children of Israel, offering new possibilities to families which had lost their property and even their personal freedom…. The riches of creation were to be considered as a common good of the whole of humanity…. The Jubilee year was meant to restore this social justice.

Some folks already have begun advocating for Jubilee legislation, specifically focusing on Third World debt but raising concerns applicable domestically as well:

The Jubilee Act would cancel impoverished country debt, prohibit harmful economic and policy conditions, mandate transparency and responsibility in lending, call for a new legal framework to restrict predatory ‘vulture funds,’ and call for a U.S. audit of odious and illegitimate debts.

Interesting thought. Can't see it happening, but could make for some amazing changes.
 

FuelRod

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We're more likely to get jujubee's from China.
 

FA_Q2

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A Jubilee calls for forgiveness and, more accurately, release and cancellation of debt.
In other words... DEFAULT!!
In the other way around: who the hell owes the US a crushing debt that we could forgive?
 

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