Exposed: The Lefts Economic Terrorism Plan!

A recording has surfaced exposing a group of radical leftists in a meeting planing economic terrorism for a May attack on J.P. Morgan Chase. They planned to do this by organizing homeowners in mass to a mortgage strike, to stop paying for their homes and squat in them for at least a year.

Homeowners they planned to organize are explained as – people that are already paying more than their homes are worth. 

The speaker, Steve Lerner of SEIU, explains the planned economic attack in detail:

 “We need to figure out in a much more thorough direct action, much more concrete way, how are we really trying to disrupt and create uncertainty – for capitol for how corporations operate.”

“There are actually extraordinary things we can do right now to start to destabilize folks that are in power and start to rebuild a movement.”

“For example, 10% of homeowners are paying more than their home is worth, 10% of those people are in strategic default. If you could double that number, you could put banks at the edge of insolvency again.”

“So the question would be, what would happen if we could organize homeowners in mass to do a mortgage strike?”

“If we get a million people to agree, it would literally cause a new financial crisis.”

 “We need to have a very simple strategy; how we bring down the stock market.”

“How do we interfere with their ability to be rich.”

“We have to politically isolate them, economically isolate them, and disrupt them.”

“A bunch of us around the country decided to think about who would be a really good company to hate? We decided that would be J.P. Morgan Chase.”

“We’re going to roll out over the next couple months, an exciting campaign about J.P. Morgan Chase.”

“That is really about challenging the power of Wall Street.”

“What we’re looking at is in the first week of May, can we get enough people together, starting now, to have a week of action in New York.”

“I don’t want to give any details because I don’t know which police agents are in the room.”

“The goal would be that we roll out of New York the first week of May, we will connect three ideas; (1)  that we’re not broke, there is plenty of money, (2) they have the money and – we need to get it back, (3) and that they’re using Bloomberg and other people in Government as a vehicle to try and destroy us; so we need to take on those folks at the same time.”

“And that will start here. We are going to look at a week of civil disobedience – direct action all over the city and then roll up to the J.P. Morgan shareholders meeting which they moved out of new York because I guess they were afraid of Columbus.”

“There is going to be a ten state mobilization to try and shut down that meeting.”

“And then look at bank shareholder meetings around the country and try to create some moments like Madison, except where we are on offense instead of defense. Where we have brave and heroic battles challenging the power of giant corporations that we hope will inspire a much bigger movement about redistributing wealth and power in this country.”

Update: The Uncut Recording: