Glenn Beck has this important story. The first video below is of a meeting of The Left Forum, March 19, 2011. Steve Lerner, formerly with
SEIU, speaks of the goal to disrupt and create uncertainity for capitalism and how corporations work – to disrupt how the system works, to bring down the stock markets, and redistribute wealth. Here’s the plan: (TheBlaze)
1) Organize masses of Americans to refuse to pay their mortgages
2) Organize cities and states to demand their debt be refinanced
3) Organize students to refuse to pay their school loans
4) Union negotiating demand: force banks to relieve debt of cities before the Union will agreeing to negotiations – and we will strike unless the force banks to lower interest rates.
5) Copy the Labor tactics of the disruptions in Madison and move it to Wall Street. “As soon as a union gets sued its going to be terrified. An injunction will cause us to backdown.
Lerner says the minute the economic news on Greece hit, the markets went down. He see that as a desirable condition in the U.S.
Lerner asks: Who would be a really good company to hate: JP Morgan Chase
Lerner’s plan: Roll out in the first week of May, a week of civil disobedience and action in New York City. The position: America has plenty of money. We need to get the money back. Bloomberg and others in government are being used to destroy Unions. Roll into the JP Morgan shareholder meeting. They’ve moved it out of NYC, so we will have a 10-state mobilization to try to shut that down. Hit bank shareholder meetings around the country.
Hope to inspire a much greater movement to redistribute wealth around the country.
You’ll remember the Community Reinvestment Act (CRA) created by Congress to force lenders to give loans without down payment and no regard for credit reports. The practice brought about the housing meltdown. People could buy homes they could have never afforded with the help of Congress. As the demand for more homes raged across America, homeowners sold their homes at prices far above market value. It was one of, if not the worst scam perpetrated on us and our economy. These creditless people eventually could not afford their payments on their hyper-valued homes and the defaults began. We were in a heap of trouble, and we are still suffering through it, and because of it, today.
In this article about the Union invasion of a Pennsylvania bank (see details below video), blame is placed on ACORN and the SEIU for forcing local banks to make unworthy loans. Neither organization could have accomplished much without the backing of Congress. ACORN and SEIU can be see as the precursor to Steve Lerner latest.
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.
See information below videos, and read Glenn Beck’s commentary here.
Steve Lerner talks about his plan to bring down capitalism (video)
The following video is the full, uncut version of the conversation:
Full Version of Steve Lerner’s Bring Down Capitalization Plan (video)
In January, The Blaze reported “200 union protesters overwhelmed security at a Washington, D.C. hotel and barged into a mortgage banking meeting.” The protestesters were Sheet Metal Workers’ International Association, the International Union of Painters and Allied Trades, and the AFL_CIO.
On March 16, 2011, a “screaming mob, of “striking Pocono Medical Center workers and SEIU members filled the lobby of ESSA Bank and Trust headquarters. They demanded to talk to the bank president and refused to until police arrived.
Readers, there so many good bloggers talking about this. I’ll be updating some of the best below:
The Other McCain has more information on the Left Forum, and a video of crazy left-loon Ed Schultz interviewing Steven Lerner (about 4:55 mins in). The subject is what you and I refer to as Card Check. The threats made by Schultz are impressive. He’s a one-man ACORN to drum non-cooperative Democrats out of office. Also lots of other links at The Other McCain.