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Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistrib

DrBusterDrBuster Posts: 5,313 ✭✭✭✭✭
http://www.businessinsider.com/seiu-union-plan-to-destroy-jpmorgan#ixzz1HLK3JBuz


Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America

Interesting stuff. Here's a partial transcript:
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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 ...

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 financial 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 ...

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 their 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 ...

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

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 can't do itself that community groups can't 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.

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Assuming this could be pulled off, what would this do to our shiny things?

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