HolyCoast: The Union Plan to Destabilize the Economy
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Tuesday, March 22, 2011

The Union Plan to Destabilize the Economy

This isn't terribly surprising coming from a former union official (from The Blaze):
A former official of one of the country's most-powerful unions, SEIU, has a secret plan to "destabilize" the country.

The plan is designed to destroy JP Morgan, nuke the stock market, and weaken Wall Street's grip on power, thus creating the conditions necessary for a redistribution of wealth and a change in government.

The former SEIU official, Stephen Lerner, spoke in a closed session at a Pace University forum last weekend.

The Blaze procured what appears to be a tape of Lerner's remarks. Many Americans will undoubtely sympathize with and support them. Still, the "destabilization" plan is startling in its specificity, especially coming so close on the heels of the financial crisis.

Lerner said that unions and community organizations are, for all intents and purposes, dead. The only way to achieve their goals, therefore--the redistribution of wealth and the return of "$17 trillion" stolen from the middle class by Wall Street--is to "destabilize the country."

Lerner's plan is to organize a mass, coordinated "strike" on mortgage, student loan, and local government debt payments--thus bringing the banks to the edge of insolvency and forcing them to renegotiate the terms of the loans. This destabilization and turmoil, Lerner hopes, will also crash the stock market, isolating the banking class and allowing for a transfer of power.

Lerner's plan starts by attacking JP Morgan Chase in early May, with demonstrations on Wall Street, protests at the annual shareholder meeting, and then calls for a coordinated mortgage strike.

Lerner also says explicitly that, although the attack will benefit labor unions, it cannot be seen as being organized by them. It must therefore be run by community organizations.
Now you know why the move to reign in unions and community organizers like ACORN is so important. They're not trying to help people, they're just trying to get your money and if they have to destroy the financial institutions of this country to do it, oh well...

1 comment:

Nightingale said...

"...crash the stock market, isolating the banking class..." and destroy CALPERS, which is heavily invested in the stock market. Hear that all you union members in California? CALPERS is where your retirement money is being held. And this creep wants to redistribute it all to someone else.

Wake up people.