Send in the Destroyers

Wall Street

Here is the story:  

A former official of one of the country's most-powerful unions, SEIU, is detailing a secret plan to "destabilize" the country.

Specifically, the plan seeks 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, Steven Lerner, spoke in a closed session at a Pace University forum last weekend.[...]

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.

This plan is absolutely bizarre!
My first thought is, gee, neither JPMorgan nor the stock market needs any help collapsing.  They have a date with that destiny anyway.  Unless everyone just thinks that the country can keep paying the bills with borrowed and printed money.

Also stunning is the disclosure that 'unions are dead.'  Well yes.  Killed by their own hand.  Financial collapse would no more help them than lightening would help our energy crisis.

Too Big To Fail banks need to be taken apart.  The sooner the better.
Their financial support and control of the government is destructive and conversely, Too Big to Fail government is too fond of them as well.  

So I have to say, of all the hairbrained crazy ideas out there, this one here ain't bad!    Obama can watch the country disintegrate and  blame  'community organizations' courtesy of his pals at SEIU.

This is what happens when government controls an economy.
It becomes so out of whack that  people plot to destroy it before they are destroyed by it.
Or did the administration send Lerner out to condition us on what is to come.
In May.  That's what they said.  May.

Interesting.