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Apocalypse
03-22-2011, 01:43 PM
CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America

Here are the key remarks:


Unions are almost dead. We cannot survive doing what we do but the simple fact of the matter is community organizations are almost dead also. And if you think about what we need to do it may give us some direction which is essentially what the folks that are in charge - the big banks and everything - what they want is stability.

There are actually extraordinary things we could do right now to start to destabilize the folks that are in power and start to rebuild a movement.

For example, 10% of homeowners are underwater right their home they are paying more for it then its worth 10% of those people are in strategic default, meaning they are refusing to pay but they are staying in their home that's totally spontaneous they figured out it takes a year to kick me out of my home because foreclosure is backed up

If you could double that number you would you could put banks at the edge of insolvency again.

Students have a trillion dollar debt

We have an entire economy that is built on debt and banks so the question would be what would happen if we organized homeowners in mass to do a mortgage strike if we get half a million people to agree it would literally cause a new finical crisis for the banks not for us we would be doing quite well we wouldn't be paying anything...

We have to think much more creatively. The key thing... What does the other side fear the most - they fear disruption. They fear uncertainty. Every article about Europe says in they rioted in Greece the markets went down

The folks that control this country care about one thing how the stock market goes what the bond market does how the bonuses goes. We have a very simple strategy:

* How do we bring down the stock market
* How do we bring down their bonuses
* How do we interfere with there ability to be rich...

So a bunch of us around the country think who would be a really good company to hate we decided that would be JP Morgan Chase and so we are going to roll out over the next couple of months what would hopefully be an exciting campaign about JP Morgan Chase that is really about challenge the power of Wall Street.

And so what we are looking at is the first week in May can we get enough people together starting now to really have an week of action in New York I don't want to give any details because I don't know if there are any police agents in the room.

The goal would be that we will roll out of New York the first week of May. We will connect three ideas

* that we are not broke there is plenty of money
* they have the money - we need to get it back
* and that they are using Bloomberg and other people in government as the vehicle to try and destroy us


And so we need to take on those folks at the same time. And that we will start here we are going to look at a week of civil disobedience - direct action all over the city. Then roll into the JP Morgan shareholder meeting which they moved out of New York because I guess they were afraid because of Columbus.

There is going to be a ten state mobilization to try and shut down that meeting and then looking at bank shareholder meetings around the country and try and create some moments like Madison except where we are on offense instead of defense

Where we have brave and heroic battles challenging the power of the giant corporations. We hope to inspire a much bigger movement about redistributing wealth and power in the country and that labor canít do itself that community groups canít do themselves but maybe we can work something new and different that can be brave enough and daring and nimble enough to do that kind of thing.



Read more: http://www.businessinsider.com/seiu-union-plan-to-destroy-jpmorgan#ixzz1HM60UXa5

Arroyo_Doble
03-22-2011, 01:48 PM
We cannot survive doing what we do but the simple fact of the matter is community organizations are almost dead also.

Not sure about the rest but the guy is wrong on this. Perhaps he lives in the wrong community if he thinks local organizations and activism (defined broadly from associations that petition and track the actions of municipal government to churches and secular based organizations which work to keep neighborhoods clean and safe) are almost dead.

Phillygirl
03-22-2011, 02:23 PM
We cannot survive doing what we do but the simple fact of the matter is community organizations are almost dead also.

Not sure about the rest but the guy is wrong on this. Perhaps he lives in the wrong community if he thinks local organizations and activism (defined broadly from associations that petition and track the actions of municipal government to churches and secular based organizations which work to keep neighborhoods clean and safe) are almost dead.

He probably means ACORN.

Arroyo_Doble
03-22-2011, 02:44 PM
He probably means ACORN.

Yes, well, they are dead.

fettpett
03-22-2011, 03:24 PM
Yes, well, they are dead.

thought they just changed their name and are laying low

Odysseus
03-23-2011, 01:05 PM
Yes, well, they are dead.
No, but many of the voters that they register are.

thought they just changed their name and are laying low
Exactly.

Arroyo_Doble
03-23-2011, 01:06 PM
No, but many of the voters that they register are.

Mickey Mouse is dead?

My daughter will be crushed.

Odysseus
03-23-2011, 01:34 PM
Mickey Mouse is dead?

My daughter will be crushed.

No, she'll be perfectly safe. Disney will have a very well-organized funeral. No crushing.

NJCardFan
03-23-2011, 02:29 PM
Mickey Mouse is dead?

My daughter will be crushed.

You have offspring?

<full body shudder>