Tuesday, March 22, 2011

Ex SEUI Official Reveals Secret Plan to Destabilize the US Economy

by: Les Carpenter
Rational Nation USA
Birthplace of Independent Conservatism

It is shocking the degree some inside the leftist SEUIU would apparently go to in an attempt to destabilize the American economy and crash financial markets. And all for for the purpose of redistributing wealth. The hatred the progressive left has for American capitalism, without understanding, or even attempting to understand its power for good and to create economic growth, is astounding. Rather than attempting to destroy capitalism unions ought to be working to reform American capitalism into a true Randian capitalist model.

Excerpts from Business Insider:
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.

Lerner was ousted from SEIU last November, reportedly for spending millions of the union's dollars trying to pursue a plan like the one he details here. It is not clear what, if any, power and influence he currently wields. His main message--that Wall Street won the financial crisis, that inequality in this country is hitting record levels, and that there appears to be no other way to stop the trend--will almost certainly resonate.

If ever there was doubt as to the real motives of the SEIU and the community organizers they groom there can be none now. The goal to advance a Hugo Chavez style banana republic should be obvious. Unfortunately, many otherwise well meaning progressives have bought into the cr*p and will work tirelessly to advance the SEUI's and other leftist organizations misguided agenda.

Continue to the full transcript of Lerner's reported remarks.

Audio of Lerner's reported remarks. h/t The Blaze.

Full version of the discussion.

Remarkable, dangerous, and misguided IMHO. What's yours?

Via: Memeorandum


  1. Well, it's an interesting plan, and has historical precedent, but I certainly don't see it actually happening. This is the wishful thinking of a currently disaffected labor activist. I'm not sure why you hate this idea, though.

    Why would you hate this plan, anyway? He doesn't want some Chavez-esque Venezuelan model! Why would you even imagine that?


  2. JMJ - I read between the lines. There is more there than what appears on the surface.

    It is, after all, about the world wide socialist movement and the Utopian view of a Marxist redistribution of wealth.

    There are many more like Lerner. He just jumped the time table and thus wore out his usefulness in SEUI. More will come in time.

    It won't be pretty.

  3. Yada, Yada, Yada....

    Considering that the whole purpose of TARP was to avoid exactly what these marxist-leninists labor unions are planning and since you were against TARP does that make you a marxist-leninist?

    Does this mean that because Obama supported TARP that he is not a socialist?

    So, exactly what does all this mean?

    A guy that runs a union that represents low paying restaurant help and hotel cleaning staff was staging a coup? How is that any different than the CEO of Goldman Sachs claiming that they "...do God's work...."

    How is Lerner's statement a revolution and your desire to implement a Randian based economic system and a return to the times of our founding fathers any less a revolution?

  4. TAO - Yada, Yada, Yada,

    A) - I did not use the term Marxist Leninist
    B) - I was against Government bailing out business. Still am. Not a proponent of to big to fail
    C)- Obama is a statist. Bush was a statist. Clinton was a statist. They come in different shapes ans sizes. Lincoln was a statist. I no longer use the term Marxist any longer an equating Marx with Lenin or Stalin is incorrect. I was wrong for having done so. So I quit.
    D)- The CEO is simply put, a buffoon. God's work... Sheesh, talk about dwelling in the land of mystics.
    E)- Revolutions are subjective I guess. 1) I do advocate a true capitalism, I believe you said you did as well. Could be mistaken so I won't swear to it. 2) I have always been fascinated with the era known as the Enlightenment and The Age of Reason. The founders in the Americas personified the age, at least politically and in some cases scientifically. I never said I wanted "to return to the time of our founding fathers." I simply maintain they were intellectually astute and had wisdom I frankly believe is lacking in our leaders today.

    Perhaps we will one day have a second revolution. With the polarization in America, and the changing make up of it's populace I wouldn't be surprised.

    Hope you are enjoying your week of relative relaxation.


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