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intheflow

(28,463 posts)
23. I really want to believe this group is legit.
Sun Mar 17, 2013, 09:03 PM
Mar 2013

Last edited Sun Mar 17, 2013, 09:36 PM - Edit history (1)

But I have some questions:

How come none of the people whose debt has been abolished have come forward? So far the only verification we have that this has happened is from Strike Debt, even though they say they've sent notes to the people whose debt they've abolished. Where are those people?

CNN reports, "The organization spent about $21,000 to purchase the debt, using money raised from supporters." Back in December, they claimed they were poised to retire $9,000,000 in medical debt having raised over $350,000. Where's the other ~$325K? Even accounting for operating expenses, why hasn't more debt been bought and abolished?

I hate to be so cynical about an organization that's trying to do good, but before I send money to anyone, I want to see some solid proof that they are run competently and have some kind of accountability. I've worked in non-profits my whole life and cannot believe these folks don't have people up their ass demanding to see their books.

I give to this group. Love this. AllyCat Mar 2013 #1
Before you start digging for receipts, check the statue of limitations Merlot Mar 2013 #7
Thank you. That was my sense about this. AllyCat Mar 2013 #14
They are showing Congress the way, but Congress as always, is looking the OTHER sabrina 1 Mar 2013 #2
^^^This^^^ +1000000 n/t ljm2002 Mar 2013 #10
rec! SammyWinstonJack Mar 2013 #3
Message auto-removed bobbyjeffy Mar 2013 #4
welcome to DU--I love what this group is doing niyad Mar 2013 #6
K&R Doremus Mar 2013 #5
Win Win colsohlibgal Mar 2013 #8
k&r liberal_at_heart Mar 2013 #9
What a wonderful group Le Taz Hot Mar 2013 #11
Taxes iangmac Mar 2013 #12
No!! That was a concern when they first started this AllyCat Mar 2013 #15
Do you have good info on that? Robb Mar 2013 #25
Yves Smith at Naked Capitalism argues the IRS issue is not resolved zazen Mar 2013 #27
RJ will owe gift tax. Robb Mar 2013 #33
This is precisely the link I was looking for, but it is on the Strike Debt website too. AllyCat Mar 2013 #29
CNN? Wow. At the start of Occupy they had a text line on screen reading "Massive rioting possible Fire Walk With Me Mar 2013 #13
Wish they'd buy some of mine FairyDust Mar 2013 #16
That's amazing sylvi Mar 2013 #17
Hospitals should not be for profit. Initech Mar 2013 #18
Actually most hospitals are not Puzzledtraveller Mar 2013 #21
Here's some of their sites. Join up and throw them some bucks if you have them! Egalitarian Thug Mar 2013 #19
Oh, that is brilliant. tanyev Mar 2013 #20
I love this sort of thing, people helping people Puzzledtraveller Mar 2013 #22
I really want to believe this group is legit. intheflow Mar 2013 #23
Go to the links and read the FAQ - all the questions you just asked are answered. Hestia Mar 2013 #26
I read the link on the OP. intheflow Mar 2013 #28
I'm not sure of the accounting, but why would someone come forward to thank them... AllyCat Mar 2013 #30
Maybe CNN would report it. intheflow Mar 2013 #31
there used to be something called a Jubilee, wherein all debts were forgiven annabanana Mar 2013 #24
some black churches do this. Pick a few people to pay off all their debts. Liberal_in_LA Mar 2013 #32
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