Sally Steenland: Forgive us our debts

  In many faith traditions, forgiveness refers to more than sin. It also refers to economic debt. The Hebrew Bible teaches the practice of Jubilee, where debts are forgiven every seven years. The Koran urges compassion for debtors in difficult straits, saying their debts should be postponed until they are “in ease.” In these faith traditions and others, economic and moral behavior is tightly entwined.

  That link—between money and morals—isn’t limited to the pages of ancient sacred texts, however. You can spot it in today’s news thanks to a creative new project called the Rolling Jubilee, part of the Strike Debt campaign, which are both offshoots of the Occupy Wall Street movement and are tackling a huge problem. According to the Consumer Financial Protection Bureau, about 30 million Americans are being hounded by debt collection agencies.