John Oliver Just Settled $15 Million In Medical Debt For Strangers
Submitted by: lalapancakes⚫ 11 months ago in
Here's an interesting fact about American debt. Anyone can buy it. For $50 you too can own your own debt-acquisition company which is what John Oliver did for his TV show, 'Last Week Tonight.' The show bought almost $15 million in medical debt and... forgave it. The move is being compared to the days of Oprah giving a bitch load of new cars away except Oliver spent less money than buying a bunch of new cars, and did a lot more good.
"In terms of TV giveaways the cost is far less than Oprah Winfrey’s most famous handout. In 2004, she gave all 276 members of her studio audience a Pontiac G6 sedan. 'You get a car! You get a car! You get a car! Everybody gets a car!' Winfrey told the audience, at a cost nearly $8m.
But Oliver’s giveaway is likely to have a larger impact on the lives of more people. After the transaction was completed, Carp received a list of names, addresses and social security numbers of nearly 9,000 people who owed that $15m."