Actions or words intended to provoke or incite rebellion against government authority, or actual rebellion against government authorityDoes this rise to the definition?
We need to figure out in a much more through direct action more concrete way how we are really trying to disrupt and create uncertainty for capital for how corporations operateThe speaker is former SEIU official Steven Lerner, talking at a closed session at Pace University last weekend. He is advocating for bringing down the government via a total collapse of the entire financial market. His plan is simple-don’t pay your debt. Don’t pay your mortgage, don’t pay your student loans, car loans, credit cards. Just stop paying and the market will collapse, the banks will fail and the government will fall. In one fell swoop your 401K and bank accounts-gone. Nice little doomsday scenario he’s got going there.
The thing about a boom and bust economy is it is actually incredibly fragile.
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.
For example, 10% of homeowners are underwater right their home they are paying more for it then its worth 10% of those people are in strategic default, meaning they are refusing to pay but they are staying in their home that's totally spontaneous they figured out it takes a year to kick me out of my home because foreclosure is backed up
If you could double that number you would you could put banks at the edge of insolvency again.
Students have a trillion dollar debt
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 finical crisis for the banks not for us we would be doing quite well we wouldn't be paying anything.
Government is being strangled by debt
The four things we could do that could really upset wall street
One is if city and state and other government entities demanded to renegotiate their debt and you might say why would the banks ever do it - because city and counties could say we won’t do business with you in the future if you won’t renegotiate the debt now
So we could leverage the power we have of government and say two things we won’t do business with you JP Morgan Chase anymore unless you do two things: you reduce the price of our interest and second you rewrite the mortgages for everybody in the communities
We could make them do that
The second thing is there is a whole question in Europe about students’ rates in debt structure. What would happen if students said we are not going to pay? Its a trillion dollars. Think about republicans screaming about debt a trillion dollars in student debt
There is a third thing we can think about what if public employee unions instead of just being on the defensive put on the collective bargaining table when they negotiate they say we demand as a condition of negotiation that the government renegotiate - it’s crazy that you’re paying too much interest to your buddies the bankers it’s a strike issue - we will strike unless you force the banks to renegotiate/
Then if you add on top of that if we really thought about moving the kind of disruption in Madison but moving that to Wall Street and moving that to other cities around the country
We basically said you stole seventeen trillion dollars - you've improvised us and we are going to make it impossible for you to operate
Once the collapse is complete, and the government has been brought to its knees, Mr. Lerner, and those of his ilk, will ride in like knights in shining armor and redistribute the wealth. No, you won’t have anything. Having is not for the little people. But the new government will provide for you the lifestyle that they think you should become accustomed to.
I think it is the absolute vanity of socialists that bugs me the most. They believe that individuals just don’t have the brains to make the important decisions in life. They believe that they, the smart people need to Nudge us along:
Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we all are susceptible to various biases that can lead us to blunder. Our mistakes make us poorer and less healthy; we often make bad decisions involving education, personal finance, health care, mortgages and credit cards, the family, and even the planet itself.Gee, who is this “we” they speak of? Certainly not you or me.
Thaler and Sunstein invite us to enter an alternative world, one that takes our humanness as a given. They show that by knowing how people think, we can design choice environments that make it easier for people to choose what is best for themselves, their families, and their society. Using colorful examples from the most important aspects of life, Thaler and Sunstein demonstrate how thoughtful “choice architecture” can be established to nudge us in beneficial directions without restricting freedom of choice….
I do not think we will see Mr. Lerner’s plan come to fruition. I simply don’t think we have that many sheeple who desire to be led through life. Our friends on the Left are quick to throw around the word “sedition” when talking about Hutaree and other militia groups who basically just want to be left alone. Doesn’t the word apply at least as equally to the Liberal elite who would remake our country in their own image?