Strike Debt Bay Area: Projects for 2019

• NEW: Relieving millions in local Medical Debt through pennies-on-the-dollar buyback programs.
• NEW: A book group and seminar focused on Economic Inequality and Economic Theory for the modern age.
• Presenting debt and inequality related topics at forums, workshops and in radio productions.
• Promoting single-payer / Medicare for All to end the plague of medical debt
• Money bail reform and fighting modern day debtors’ prisons and exploitative ticketing and fining schemes
• Tiny Homes and other solutions for the homeless.
• Student debt resistance. Check out the Debt Collective, our sister organization
• Helping out America’s only non-profit check-cashing organization and fighting against usurious for-profit pay-day lenders and their ilk
• Working on debarring US Banks that have been convicted of felonies from municipal contracts, and divesting from the Wall St. banks
• Promoting the concept of Basic Income
• Advocating for Postal banking
• Organizing for public banking in Oakland! We made the first steps happen… now there’s a spinoff group
• Bring your own debt-related project!

Strike Debt – Principles of Solidarity

We also oppose debt because it is an instrument of exploitation and political domination. Debt is used to discipline us, deepen existing inequalities, and reinforce racial, gendered, and other social hierarchies. Every Strike Debt action is designed to weaken the institutions that seek to divide us and benefit from our division. As an alternative to this predatory system, Strike Debt advocates a just and sustainable economy, based on mutual aid, common goods, and public affluence.

Strike Debt is committed to the principles and tactics of political autonomy, direct democracy, direct action, creative openness, a culture of solidarity, and commitment to anti-oppressive language and conduct. We struggle for a world without racism, sexism, homophobia, transphobia, and all forms of oppression.

Strike Debt holds that we are all debtors, whether or not we have personal loan agreements. Through the manipulation of sovereign and municipal debt, the costs of speculator-driven crises are passed on to all of us. Though different kinds of debt can affect the same household, they are all interconnected, and so all household debtors have a common interest in resisting.

Strike Debt engages in public education about the debt-system to counteract the self-serving myth that finance is too complicated for laypersons to understand. In particular, it urges direct action as a way of stopping the damage caused by the creditor class and their enablers among elected government officials. Direct action empowers those who participate in challenging the debt-system.

Strike Debt holds that we owe the financial institutions nothing, whereas, to our friends, families and communities, we owe everything. In pursuing a long-term strategy for national organizing around this principle, we pledge international solidarity with the growing global movement against debt and austerity.