View Full Version : Former SEIU Official Reveals Secret Plan To Redistribute Wealth In America

03-23-2011, 08:36 AM
CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America

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.


03-23-2011, 02:02 PM
The most open "secret" of leftist ideology. Where is the outrage from the media?:rolleyes:

03-23-2011, 05:54 PM
Sounds like standard sanbox revolutionary fantasizing. The planned riot will, at most, provide a few days of street theater and some broken windows at the Starbucks nearest the meeting, and the mortgage strike will fail because most people would rather not be evicted from their homes in order to satisfy the ravings of a union hack. And his logic is hysterical.

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.
Unions and community organization are almost dead, but he's going to destroy the country's financial system? With what? Dead unions and community organizations? Does he understand that while dead people can vote in Illinois, dead unions and activists can't actually do anything? Delusional.

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

So, 10% of 10% of all mortgage holders are in strategic default? That's 1%. Good luck with that.

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...

And you wouldn't own anything, either, since the banks lent the money to buy the homes. Most people understand that, and don't hate bankers, but they aren't very fond of leftist agitators.