This is how fascist governments work. You play nice with the Regime, or you pay. JP Morgan learned the hard way according to FOX Business Network senior correspondent Charlie Gasparino. He says the Obama Regime targeted JP Morgan and fined them $13 billion because their CEO Jamie Dimon criticized Obama’s failed economic policies.
Sounds about right.
Gateway Pundit reported:
“This is something, most of it, that JP Morgan did not do. This was something they inherited. They were asked to buy Bear Stearns. They were asked to buy Washington Mutual. During the financial crisis of 2008. Asked by the US government by Treasury Secretary Hank Paulson. I know this for a fact because Paulson once told me this…Here’s why they’re doing it. Jamie Dimon went from being the greatest banker of all time, leading his company through the financial time, doing the government a favor to a critic of the Obama administration.
And, you do not have to be a conspiracy theorist to put those two things together. The minute you start ramping up his critique of Obamanomics, of Dodd-Frank… that’s when the hammer started coming down on them. This is all about vindictiveness and it’s really bad for the American political system.“
We’ve got 3 more years of this left, folks. More, if Pant Suits is elected in 2016.
FLASHBACK to March 2011:
Keep in mind that Obama and his “Purple Army”, the SEIU are joined at the hip.
This is shocking stuff – not the fact that some forces on the left would try to achieve its goals using a strategy like this, but the fact that the former official of the SEIU was caught on tape, frankly discussing his plan to destroy the US economy at a Pace University forum, last weekend.
The Business Insider reports:
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.
Thanks to @BeccaJLower for the reminder.