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Showing posts with label BUSINESS INSIDER. Show all posts
Showing posts with label BUSINESS INSIDER. Show all posts

Wednesday, March 23, 2011

Leftist “Economic Terrorists” Are Patsies For The Real Economic Terrorists

INFOWARS-The controversy generated around the remarks of former SEIU official Stephen Lerner and his plan to rally unions, lawmakers, student groups and community organizers around a plan to crash the stock market, destroy big banks and redistribute wealth in America by destabilizing the country will be exploited by the real financial terrorists when they decide to launch the next false flag attack on the U.S. economy.
During a closed session at a Pace University forum last weekend, Lerner divulged his plan to seize back the trillions stolen by big banks through a series of actions designed to “destabilize” financial markets.
“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,”reports Business Insider.
“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.”
Despite ominous warnings from the likes of Glenn Beck, that Lerner’s comments represent the left’s “economic terrorism playbook” in their bid to “take down capitalism” in the United States, in reality it wasn’t leftist activists or unions that used economic terrorism to oversee the 2008 financial collapse and the subsequent heist in the form of the bailout, it was powerhouse financial firms like JP Morgan, Goldman Sachs, and their allies inside the Bush and Obama administrations.
If we’re talking about “economic terrorists” then look no further than former Goldman Sachs CEO and Bush Treasury Secretary Hank Paulson. The initial $700 billion dollar TARP bailout that was passed in October 2008, which laid the foundation for subsequent unchecked bailouts that eventually soared past the $20 trillion mark, was rammed through on the back of threats of martial law, stock market collapses, and food riots by none other than Paulson himself. This is real economic terrorism, and not just a bunch of SEIU leftists blowing hot air, but Glenn Beck didn’t seem very interested in reporting on it at the time, having been a staunch advocate of the TARP bailout from the very start.
During a conference call on September 19th 2008, around two weeks before the TARP legislation was eventually approved by both the Senate and Congress, Paulson threatened lawmakers with dire consequences if they didn’t pass the bailout.

BANKER ON HOW TO SOLVE DEBT CRISIS: The Public Needs To Work Harder For Less Money And 50% Fewer Benefits

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BUSINESS INSIDER-An investment banker from BarCap recently told the Forum of Economic News that he's got the solution to bring "competitiveness" back to the European Union.

Cut benefits by half, and make everyone work harder.
The comments from Hans-Jörg Rudloff, the head of the Management Board of investment bank Barclays Capital, will obviously infuriate the public, who will remember that BarCap paid out bonuses that were so good this year that bankers gathered at a bar immediately after work for a champagne toast to everyone receiving "at least a £600,000 bonus."
Here's a transcript of what he said:
"Europe is carrying a social rucksack, which makes us uncompetitive in this world. We have provided living standards for our populations which are unheard of, which no one ever thought would be possible, for the last 50 years."
"People do not want to give up these living standards."
"Populations are not ready to voluntarily discipline themselves in more work, less rewards, and less security. And it's only [natural] that the population would react like this and here, its a question of democratic leadership and a question of whether indeed we are able to reinvigorate ourselves and to state public ally in this world that that we want to be competitive."
This is what Rudloff says the EU has to do:
  • Half of the social benefits have to go 
  • People have to work more, longer hours, longer years.
  • Otherwise, it is impossible to continue to fund the present system of today. 
  • Promote communication and the free movement of people and the immigration from all European countries will push us to a much strong union.

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Tuesday, March 22, 2011

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

Stephen Lerner, formerly of SEIU.
Editor's Note:  The "Corporate Media" will not waste anytime before they label Mr. Lerner a domestic terrorist.

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.
A transcript of Lerner's full reported remarks is below, courtesy of The Blaze. We have heard the tape, but we have not independently verified that the voice is Lerner's.  You can listen to the tape here.

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