Former SEIU Official’s Secret Plan: Peoples’ Capital Strike Against Banksters

Interestingly enough, although this was supposed to be a report on an exposé of the ex-SEIU official in the US, the comments section of this business website seems to be full of people agreeing with it; from Business InsiderCAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America:

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.

Read more.

This entry was posted in Accountability, Bank Run, Bankers' Bailout, Budget, Civil Disobedience, Economy, Housing Bubble, Ideology, Solutions, Unions and tagged , . Bookmark the permalink.

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