I’d been holding this clip over the weekend, before Mistermix mentioned StrikeDebt.org this morning. Rolling Jubilee, “a bailout of the people by the people”, is a Strike Debt project, evolved from the Occupy movement. As I understand it (and I’m open to correction!), this is what the religious activists of my youth called a “(cast your) bread on the waters” charity — on that by definition wasn’t subject to the normal accounting processes. As with giving money to a street beggar, you couldn’t know whether the recipient was ‘worthy’, or if they’d use your donation wisely, or if you’d be better off investing that donation elsewhere.
The Jubilee concept has a long history, and it remains a significant thread in American cultural history, for obvious reasons.