And So I Go: Yesterday, Today and Tomorrow

Posts Tagged ‘SEIU Service Employees Internation Union

Workers unions were once very necessary to get workers and their families a chance at a decent living. It was bad, very bad indeed for workers before the labor unions came into their own and gained some power during the 1930’s and 1940’s. My entire family were union people. But before he did in 1969 my Daddy told me that the unions had gone too far in their demands and would eventually kill themselves off. I believe this is happening now and it saddens me to see it. At the same time the illogical and greedy demands of these unions thru their Mafia bosses are hurting businesses and the public.

In my father’s case the incident the convinced him was in his words “a dammed stupid workplace rules’. Dad was a mechanic at Olin-Matheson Aluminum. One day a machine broke down and Dad was called in to fix it. He had to slip a piece of 2×4 under the machine to lift it up enough for him to replace the broken part. No big deal and the job would be done in less than 10 minutes allowing the machine to operate and all the workers on that machine to get back to production. But Dad was stopped by the union representative and told he couldn’t put that piece of wood under that machine, that was a carpenters job. So they had to call for a carpenter while everyone stood around doing nothing. The carpenter came decided what had to be done and then had to go get a block of wood ( this because as a carpenter he could not use the block of wood Dad carried in his tool box!). Altogether the machine was down for over an hour and losing the company money every minute of that time. All because the unions and union work rules had stopped using common sense and make unreasonable demands.

This week we saw the Hostess Company go bankrupt and close its doors and again much of it due to stupid union rules that made it difficult to continue to make a profit as a company altho they were selling their products well. The company could not however raise their prices enough to cover all the costs related to their union workers demands. It was the Baker’s Union that finally held out and forced the company’s bankruptcy but they were merely the last straw in a long list of stupidities. One stupidity was that Twinkies and Wonder Bread could not be transported in the same truck. Both were Hostess brands and both went to the same outlets but union rules stated that they could not be transported together. Then after arriving at the store the driver of the delivery truck could not unload the truck! As a result of all this the Hostess Company after 80+ years in business went bankrupt and 18,000 (that’s eighteen thousand) people lost their jobs, benefits and pensions!

Over this holiday we have seen on the news were the Service Employees International Union (The infamous SEIU run by Mafia boss and frequent visitor to the White House Trumpka makes well over $300,000 a year in union dues paid salary) were out in the purple t-shirts interrupting the free flow of traffic at airports across the country. They also intend to storm WalMart Stores across the country on Black Friday altho WalMart employees have repeatedly voted down union membership in a free and open secret ballot election. If the employees wanted the union it was a secret ballot and the employer would have no idea who had voted for the union so no one needed to be afraid of losing their jobs! Now of course with Obama in the White House another 4 years I have no doubt that the “bosses” will unionize WalMart because they will probably get the so-called Card Check ballot thru which means no secret ballot but merely having as few as a few dozen employees sign a card saying they want a union and the union will be in.

Then there are the Public Employees Unions! Even a die hard liberal like Franklin D. Roosevelt would not allow government employees to unionize. But President John F. Kennedy with a Presidential Order approved and allowed the public sector employees to unionize and our trouble as tax payers began. It was never ever a law passed by Congress and now Congress can stop it all by passing a law rescinding the Presidential Order but like the cities and states Congress has for these past 50 years continued to buy the government employees votes. And since Obama is the union president nothing is likely to change except to get worse!

 

Public or government workers are not like workers in the private sector.  Governments don’t go bankrupt and lay off workers so those who have government jobs are pretty secure.    Private companies must make a profit with the product they produce or they cant’t pay their workers.  governments simply raise taxes on the tax payers!  Private companies when negotiating with their workers have an incentive (profits) for keeping the benefits and wages reasonable in order to keep their company from going bankrupt.  Government workers negotiate with politicians who don’t care and just want to buy the employees vote.    Government workers voted for Obama overwhelmingly—-like the greedy sons don’t have kids who will have to pay for this extravagance!

We have all heard of California and New York and Illinois and cities all over the country that are going bankrupt because of employee pensions and benefits. These huge pensions and benefits have been given to the government workers by politicians who are simply buying the votes. Some states are pushing back on the public sector unions and there have been some wins for the tax payers. We all remember the teachers in Wisconsin invading and almost trashing the capitol building while Governor Walker and the Republicans fought thru legislation to stop collective bargaining which was bankrupting the state. (You may remember the Democrats legislators left the state rather than vote or allow a quorum so the Republicans could vote) You may also recall that the unions finally got thru a recall election on Governor Walker but he won that election with even more votes than he had gotten when first elected!

Anyhow, I have said my piece and now  Heritage has some thoughts and some facts about unions that you may find interesting and useful because as I said previously we should be prepared for more and more thuggery from the unions now that their president has another 4 years in office. BB

 

Should We Pay Government Employees More?

Federal employees—who work on average a month less than private-sector workers and get paid more—are lobbying for higher pay.

Government unions know that Congress is looking for ways to nip and tuck the federal budget, and they’re counting on being left out of the deal.

“The Federal-Postal Coalition—a group representing more than two dozen federal employee unions—pleaded with Congress on Monday to spare their members in any deal related to the ‘fiscal cliff,’” Government Executive reports.

Government unions went all out to re-elect the President—the Service Employees International Union (SEIU) spent more than any other outside group on Obama’s campaign. While only about seven out of 100 private-sector workers are unionized, in government, that number rises to 36 out of 100.

Now they’re complaining that they don’t get paid enough.

Federal employees and Members of Congress are working under a two-year “pay freeze,” though “individual employees still remain eligible for raises if they receive promotions, step increases or performance awards,” explains Government Executive.

Of course, these are employees who are paid by the taxpayers. So their compensation deserves every measure of scrutiny. Unfortunately, faulty comparisons to the private sector have been muddying the waters—something Heritage’s Jason Richwine and the American Enterprise Institute’s Andrew G. Biggs have been working to correct.

When Richwine and Biggs wrote in The Washington Post November 18 that government unions were using bogus numbers to push for raises, a firestorm of reader comments erupted. As of this morning, there were 2,480 comments on the piece.

One of the main issues: “The Federal Salary Council, an advisory body of academics and leaders of public employee unions, suggested last month that federal workers are underpaid by an average of 35 percent relative to nonfederal employees.”

What’s behind the huge gap the council is claiming? For starters, a huge omission: benefits packages. Richwine and Biggs note:

First, the pay agent doesn’t consider fringe benefits, even though benefits for federal workers are famously generous. In addition to a 401(k)-type pension with a handsome employer match, federal workers receive a traditional defined-benefit pension—for which they contribute less than 1 percent of salary—as well as retiree health coverage. A Congressional Budget Office study published in January found that the federal retirement package was 2.7 times more generous than what is paid by large private-sector firms. Federal workers also receive more paid vacation and sick days.

According to their own reporting, government employees work fewer hours than private-sector employees. To measure this in the fairest way possible, the American Time Use Survey allows workers to record all of their time, including any hours spent working from home or outside normal business hours. Using this data, Richwine found that government employees worked about one month less per year than private-sector workers.

And not only do they work less, they get paid more.

A January 2012 report by the Congressional Budget Office (CBO) showed that federal government employees receive substantially higher compensation than similarly skilled workers in the private sector. The report’s methodology and conclusions were broadly similar to previous studies from both The Heritage Foundation and the American Enterprise Institute. Richwine, Biggs, and Heritage’s James Sherk concluded:

Federal compensation should be scaled back and reallocated to reward the most productive federal workers. The government should replace the seniority system with performance pay, paying higher salaries to good workers without guaranteeing raises for mediocre performers.

Government unions worked hard to re-elect President Obama, and now they’re expecting a payout at the expense of taxpayers. Any suggestion that their pay is below market levels is completely false.

>>> Watch Jason Richwine and Andrew Biggs discussing federal pay in yesterday’s Google Hangout on The Foundry.

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  • This video reminded me of the home child care workers who were forced to join the union and pay dues totally against their will.  These people are thugs and any union members who follow their bosses lead in the actions they back are thugs too.

Now the international union  is planning to attack Boeing Air Craft for building a plant in South Carolina a Right to Work State (meaning a person is not forced to join a union in order to get a job! as is the case in union states such as California)  he reason the union thugs give for going after Boeing is because they build a new plant in South Carolina “deliberately” instead of building another one in California.    There were no jobs lost in the Boeing Plant in California because of this move!  The California plant is going strong with no plans to shut it down or move it!   So, this is just an example of union thuggery and by going after a big outfit like Boeing the union bosses hope to warn other companies from moving to Right to Work states.  THIS EFFORT IS BEING LEAD AND ENCOURAGED BY THE NATIONAL LABOR RELATIONS BOARD.  OBAMA RECENTLY APPOINTED A FORMER UNION BOSS TO THE NLRB !

We the People have got to be vigilant and watch these underhanded tactics.  It is especially important that decent union members who are indeed the majority begin to recognize what their bosses are doing and demand changes from within.  BB)

Listen carefully to these videos.    Put this together with the thugs in Wisconsin and now in Indiana. It is a discussion of how to bring down the United States with their own words.  These people have direct contact with the White House.

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

Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America

Henry Blodget | Mar. 22, 2011, 9:44 AM | 152,301 | comment 447
Steven Lerner

Stephen Lerner, formerly of SEIU.

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. (We have to ask ourselves to whom does this so-called power revert .  BB)

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. (Granted a lot of people are hurting but it was not Wall Street that started the problem they merely took advantage of it and did what Washington in the form of Democrats and Rep. Barney Frank and Senator Chris Dodd was pushing them to do: Give mortgage loans to people who could not afford them!!  The same goes for Student Loans!Then after forcing Fannie Mae and Freddie Mac the largest mortgage holders in the country to buy up these bad loans these Congressmen made sure the government took over Fannie and Freddie! thus putting you the tax payer on the hook.  Taking down our financial industry will not bring the economy back, it will only insure chaos and more misery for everyone.

The Obama Administration by holding the oil companies down from drilling for oil is causing a great deal of hardship and unemployment in this country.  If Obama would allow drilling you would immediately see a decrease in oil prices even tho  we will not see oil from new wells for years because the
Arab countries OPEC will do anything to keep the United States under its control.   The need is especially urgent now that Japan will have to have even more oil for it’s power now that they will most probably be shutting down as many of their nuclear plants as possible do to public outcry after the earthquake disaster.BB)

FULL TRANSCRIPT FROM THE BLAZESPEAKER: Stephen Lerner. Speaker at the Left Forum 2011 “Towards a Politics of Solidarity” Pace University March 19, 2011

Speaker Bio: Stephen Lerner is the architect of the SEIU’s groundbreaking Justice for Janitors campaign.  He led the union’s banking and finance campaign and has partnered with unions and groups in Europe, South American and elsewhere in campaigns to hold financial institutions accountable. As director of the union’s private equity project, he launched a long campaign to expose the over-leveraged feeding frenzy of private equity firms during the boom years that led to the ensuing economic disaster.

TRANSCRIPT:

It feels to me after a long time of being on defense that something is starting to turn in the world and we just have to decide if we are on defense or offense

Maybe there is a different way to look at some of theses questions  it’s hard for me to think about any part of organizing without thinking what just happened with this economic crisis and what it means

I don’t know how to have a discussion about labor and community if we don’t first say what do we need to do at this time in history what is the strategy that gives us some chance of winning because I spent my life time as a union organizer justice for janitors a lot of things

It seems we are at a moment where the world is going to get much much worse or much much better

Unions are almost dead we cannot survive doing what we do but the simple fact of the matter is community organizations are almost dead also and if you think about what we need to do it may give us some direction which is essentially what the folks that are in charge – the big banks and everything – what they want is stability

Every time there is a crisis in the world they say, well, the markets are stable.

What’s changed in America is the economy doing well has nothing to do with the rest of us

They figured out that they don’t need us to be rich they can do very well in a global market without us so what does this have to do with community and labor organizing more.

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 operate

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.  It’s 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

Labor can’t lead this right now so if labor can’t lead but we are a critical part of it  we do have money we have millions of members who are furious

But I don’t think this kind of movement can happen unless community groups and other activists take the lead.

If we really believe that we are in a transformative stage of  what’s happening in capitalism

Then we need to confront this in a serious way and develop really ability to put a boot in the wheel  then we have to think not about labor and community alliances  we have to think about how together we are building something that really has the capacity to disrupt how the system operates

We need to think about a whole new way of thinking about this not as a partnership but building something new.

We have to think much more creatively. The key thing… What does the other side fear the most – they fear disruption. They fear uncertainty. Every article about Europe says in they rioted in Greece the markets went down

The folks that control this country care about one thing how the stock market goes what the bond market does how the bonuses goes. We have a very simple strategy:

  • How do we bring down the stock market
  • How do we bring down their bonuses
  • How do we interfere with there ability to be rich

And that means we have to politically isolate them, economically isolate them  and disrupt them

It’s not all theory i’ll do a pitch.

So a bunch of us around the country think who would be a really good company to hate we decided that would be JP Morgan Chase  and so we are going to roll out over the next couple of months what would hopefully be an exciting campaign about JP Morgan Chase that is really about challenge the power of Wall Street.

And so what we are looking at  is the first week in May can we get enough people together starting now to really have an week of action in New York I don’t want to give any details because I don’t know if there are any police agents in the room.

The goal would be that we will roll out of New York the first week of May. We will connect three ideas

  • that we are not broke there is plenty of money
  • they have the money  – we need to get it back
  • and that they are using Bloomberg and other people in government as the vehicle to try and  destroy us

And so we need to take on those folks at the same time

and that we will start here we are going to look at a week of civil disobedience – direct action all over the city
then roll into the JP Morgan shareholder meeting which they moved out of New York because I guess they were afraid because of Columbus.

There is going to be a ten state mobilization it try and shut down that meeting and then looking at bank shareholder meetings around the country  and try and 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 the giant corporations. We hope to inspire a much bigger movement about redistributing wealth and power in the country and that labor can’t do itself that community groups can’t do themselves but maybe we can work something new and different that can be brave enough  and daring and nimble enough to do that kind of thing.

Listen to the tape here >

Read more: http://www.businessinsider.com/seiu-union-plan-to-destroy-jpmorgan#ixzz1HRtIbL49

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Transcript:

PRESENTATION

W: We’re going to hear from Steve Lerner next, of SEIU, the Architect of the Justice for Janitors campaign. Currently, he’s working on partnering with unions and groups in Europe and South America, it’s building campaigns to hold financial institutions accountable.

S. Lerner: It seems to me that we’re in a moment where we need to figure out in a much more, through direct action, much more concrete way how we really are trying to disrupt and create uncertainty for capital, for how corporations operate. And it may sound like that’s a crazy thing that in a moment of weakness we could deal with it, but the thing about a boom and bust economy, it is actually incredibly fragile, because it’s not based on real way, well, it’s based on gambling and all of that. And so there are actually extraordinary things that we could do right now that would start to de, destabilize the folks that are in power and start to rebuild a movement. And for example, 10% of homeowners, going back to where you started, who are under, a quarter of all people who own a home are under water. Right? Their home is under water, they’re paying more for it than it’s worth. Ten percent of those people are now in strategic default, meaning they’re refusing to pay but they’re staying in their homes. That’s totally spontaneous. Right? They figured out it takes a year to kick me out of my home because the mort, the foreclosure’s backed up. I’m going to say I won’t pay. It’s just what business does, it’s a good, a good business decision. If you could double that number, you would make banks, put banks on the edge of insolvency again.

And so the question would be, what would happen if we organized homeowners in mass to do a mortgage strike. Just say if we get, and, and, if we get half a million people to agree, we’ll all not, we’ll agree we won’t pay our mortgages, it would literally cause a new financial crisis.

There are four things we can do that could really upset Wall Street. One is if city and state and other government entities demanded to renegotiate their debt because they’re paying too much interest. And you might say, well why would the banks ever do it? Because they, the cities and counties could say we won’t do this and this in the future with you if you don’t renegotiate the debt now. Meaning, about a third of bank profits generate from dealing with cities and states. So we could leverage the power we have of government to say we won’t do business with you, JP Morgan Chase, anymore unless you do two things: you reduce the price of our interest, since your interest rate is down; and second, you rewrite the mortgages for everybody in the community so they can stay in their homes. We, we could make them do that.

The second thing is there’s a whole question in New York now about austerity and student’s rates and the question of the debt structure. What would happen if students said we’re not going to pay? It’s a trillion dollars. Think about your …sweeping that debt, a trillion dollars from students debt?

There’s a third thing that we could think about, what about if public employee unions, instead of them being on the defensive, put on the collective bargaining table when they negotiate they said we demand as a condition of negotiation that the government renegotiate, we want, we believe in good financial management. It’s crazy that you’re paying too much interest to your buddy the bankers. It’s a strike issue for us. We will strike unless you force the banks to relieve the debt of the city. I’m not going to go through all the detail except to say there’s extraordinary things we could do and if you add on top of that, if we really thought about moving to the kind of disruption in Madison, but moving that to Wall Street and moving that to other cities around the country where we basically said you stole $17 trillion, you’ve impoverished us and we’re going to make it impossible for, for you to operate.

Labor can’t lead it, but we can be a critical part of it. We do have money, we have millions of members who are furious, but I don’t think this kind of movement can happen unless actually the community groups and other activists take the lead. And that’s a big reversal of how a lot of these coalitions have even thought about it, so unions helping community groups, or communities who cover this narrowly. And if you’re se, if we really believe that we’re in a transformative stage and what’s happening in capitalism, and we need to confront this in a serious way and develop a real ability to put a boot in the wheel, then I think we have to think not about labor community alliances. We have to think about how together we’re building something that really has the capacity to disrupt how the system operates.

And so I just, I guess raise that we need a whole new way of thinking about things, which is not a partnership, but building something new. Because the bottom line is, as soon as the union gets sued, it’s going to be terrifying. When we get an injunction that says, you know, you, un, the union backs down. So we need to build a movement based on we know the oppression we’re going to face. And I think the only way we can do that is to think much more creatively, and the key thing I …is we have to say what does the other side fear most? They fear disruption, they fear uncertainty. Every article about Europe says a riot in Greece, the markets went down. The folks that control this country care about one thing: how the stock market does; how the bond market does; and what their bonus is. So I think we weed out a very simple strategy: how do we bring down the stock market, how do we bring down their bonuses, how do we interfere with their ability to, to be rich. And if we don’t do, and that means you have to politically isolate them, economically isolate them and disrupt them. So, it’s not all theory, I’ll do a pitch.

So, a bunch of us around the country are thinking about who would be a really good company to hate? We decided that would be JP Morgan Chase. …. And so we’re going to roll out over the next couple of months what will hopefully be an exciting campaign about JP Morgan Chase that is really about challenge the power of Wall Street. And so what we’re looking at is in the first week of May, we get enough people together – we’re starting now – to really have a week of action in New York with the goal of … I don’t want to go into any details because I don’t know which police agents are in the room, but the goal would be that we would roll out in New York the first week in May—

M: (Can’t hear speaker)

S. Lerner: Yes. …connect three ideas – that we’re not broke, there’s plenty of money; they have the money, we need to get it back; and that they’re using Bloomberg and other people in government as the vehicle to try to destroy us. And so that we need to take on those folks at the same time and that will start here. We’re going to look at a week of civil disobedience, direct action all over the city, then we’ll roll into the JP Morgan shareholder meeting, which they moved out of New York because they were afraid, I guess, of Columbus, where there’s going to be a ten state mobilization to try to shut down that meeting. And then looking at bank shareholder meetings around the country and try to create some moments like Madison, except where we’re on offense instead of defense. Where we have brave and heroic battles challenging the power of the giant corporations, and we hope to sort of inspire a much bigger movement about redistributing wealth and power in the country.

W: You were talking about why unions are so invested because of their pension plans and why ungovernability, as Frances Fox Piven and Cloward taught us, you know, poor peoples’ movements are successful when they create conditions of ungovernability. And then you win victories.

Transcription: TTE Transcripts Worldwide, Ltd.

Government Blaze Exclusive: Congressman Presses Holder to Investigate ‘Terrorist Plans’ in Bank Plot

    Rep. Jason Chaffetz (R-UT)

    The Blaze has obtained an exclusive letter sent from Rep. Jason Chaffetz (R-UT) to Attorney General Eric Holder regarding shocking video uncovered by The Blaze on Tuesday.

    (Watch the original video.)

    In the letter, Chaffetz references video, posted yesterday on this site, showing a one-time SEIU official, Stephen Lerner, outlining a plan to collapse the American economy — including crashing the stock market — so that unions can become more powerful. The sinister plan is set to take place in May and includes mass homeowner mortgage strikes.

    (Read our report on Stephen Lerner.)

    Chaffetz tells Holder “the escalation of Mr. Lerner’s threats would clearly constitute domestic terrorism and pose substantial harm to the American people and the economy.“ He goes on to request Holder investigate ”Mr. Lerner’s terrorist plans and notify me how the Department of Justice plans to respond to these threats.”

    The letter, sent Wednesday, was also distributed to Rep. Darrell Issa (R-CA), chairman of the House committee on Oversight & Government Reform, and Rep. Elijah Cummings (D-MD), the ranking minority member.

    You can read the letter below:

    March 23, 2011

    The Honorable Eric H. Holder, Jr.

    Attorney General

    U.S. Department of Justice

    950 Pennsylvania Ave., NW

    Washington, DC 20530-0001

    Dear Attorney General Holder:

    Recent media reports suggest that the former director of the Service Employees International Union’s (“SEIU”) banking and finance campaign has threatened to seriously endanger the welfare of the United States.  In a forum at Pace University earlier this month, Stephen Lerner, the former SEIU official, revealed a “secret plan” to “cause a new financial crisis . . . destroy J.P. Morgan . . . and weaken Wall Street’s grip on power” by using “civil disobedience” to create “the conditions necessary for a redistribution of wealth and a change in government.”[1]

    The Federal Bureau of Investigation (“FBI”) defines terrorism as “the unlawful use of force or violence against persons or property to intimidate or coerce a government, the civilian population, or any segment thereof, in furtherance of political or social objectives.”[2] The escalation of Mr. Lerner’s threats would clearly constitute domestic terrorism and pose substantial harm to the American people and the economy.  I am therefore requesting that you investigate Mr. Lerner’s terrorist plans and notify me how the Department of Justice plans to respond to these threats.

    The Committee on Oversight and Government Reform is the principal oversight committee of the House of Representatives and may at “any time” investigate “any matter” as set forth in House Rule X. An attachment to this letter provides additional information about responding to the Committee’s request.

    If you have any questions regarding this request, please do not hesitate to contact [redacted].  Thank you for your attention to this matter.

    Sincerely,
    _______________________
    Jason Chaffetz

    cc:  The Honorable Darrell Issa, Chairman

    cc:  The Honorable Elijah E. Cummings, Ranking Minority Member


    [1] Henry Blodget, Caught on Tape: Former SEIU Official Reveals Secret Plan to Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth in America, Bus. Insider, (Mar. 22, 2011), available at http://www.businessinsider.com/seiu-union-plan-to-destroy-jpmorgan (last visited Mar. 22, 2011).[2] Office of Justice Programs, U.S. Department of Justice, National Institute of Justice, (Oct. 26, 2007), available at http://www.ojp.usdoj.gov/nij/topics/crime/terrorism/ (last visited Mar. 22, 2011).

     

    Looming Soros Conference Will Focus on Rearranging Global ‘Financial Order’

    On April 8, dozens of “academic, business and government policy thought leaders” are scheduled to gather for a forum reminiscent of the 1944 Bretton Woods gathering that helped launch the World Bank and International Monetary Fund fThumbnail10:15Added to queue An Introduction to INETby INETeconomics2,748 views ollowing World War II.

     

    The George Soros-founded Institute for New Economic Thinking will hold its annual conference April 8-11, 2011 at the Mount Washington Hotel in Bretton Woods, N.H.  According to the group’s website, the event will bring together economic figures such as Soros, former British Prime Minister Gordon Brown and former Fed Chairman Paul Volcker to discuss a new, globalized vision of economics in the post-war world.

    “This conference reflects INET’s dedication to inspiring and provoking new economic thinking,” the website says.

    “Crisis and trauma offer us a rare opportunity to work together to create real lasting change.  This is one of those times,” INET says.  Promoting “real” justice and equity requires “reinventing” the prevailing economic model — capitalism:

    The organization’s social media advertises a very progressive view of economics:

    The Institute recognizes problems and inadequacies within our current economic system and the modes of thought used to comprehend recent and past catastrophic developments in the world economy. The Institute embraces the professional responsibility to think beyond these inadequate methods and models and will support the emergence of new paradigms in the understanding of economic processes.

    The Institute firmly believes in empowering the next generation, providing the proper guidance as we challenge outdated approaches with innovative and ethical economic strategy. The Institute’s objective is to expand the conversation to create an open discussion for a wider range of people. Some would say that present day dialogue is closed and polarizing. We recognize the need for an environment that is nourished and supported by discourse, a discussion that spans a much wider spectrum of thinking and incorporates the insights of other intellectual disciplines in both the natural and social sciences.

    “In the years since the 1944 conference, the globalization of production, trade, and especially finance, has transformed our economy, but has not yet transformed our system of regulation or our tools of policy intervention,” the group’s website says. “Indeed, our very habits of thought and speech lag behind the realities that we desperately need to think and speak about.”

    More than two-thirds of the scheduled event speakers have direct ties to Soros, notes Media Research Center’s Dan Gainor.

    While INET claims more than 200 will attend, only 79 speakers are listed on its site – and it already looks like a Soros convention. Twenty-two are on Soros-funded INET’s board and three more are INET grantees. Nineteen are listed as contributors for another Soros operation – Project Syndicate, which calls itself “the world’s pre-eminent source of original op-ed commentaries“ reaching ”456 leading newspapers in 150 countries.” It‘s financed by Soros’s Open Society Institute.

    “We need a global sheriff,” Soros has explained in the past, and the upcoming conference, “Crisis and Renewal: International Political Economy at the Crossroads” may provide a forum for discussion of a new global financial order.

    In the 2000 version of his book “Open Society: Reforming Global Capitalism,“ Soros wrote how the Bretton Woods institutions ”failed spectacularly” during the economic crisis of the late 1990s. When he called for a new Bretton Woods in 2009, he wanted it to “reconstitute the International Monetary Fund,” and while he’s at it, restructure the United Nations, too, boosting China and other countries at our expense.

    “Reorganizing the world order will need to extend beyond the financial system and involve the United Nations, especially membership of the Security Council,’ he wrote. ‘That process needs to be initiated by the US, but China and other developing countries ought to participate as equals.”

    Soros emphasized that point, that this needs to be a global solution, making America one among many. “The rising powers must be present at the creation of this new system in order to ensure that they will be active supporters.”

    And that’s exactly the kind of event INET is delivering, with the event website emphasizing “today’s reconstruction must engage the larger European Union, as well as the emerging economies of Eastern Europe, Latin America, and Asia.” China figures prominently, including a senior economist for the World Bank in Beijing, the director of the Chinese Academy of Social Sciences, the chief adviser for the China Banking Regulatory Commission and the Director of the Center on U.S.-China Relations.

    This all may be easy to do with the power, influence and reach of George Soros who funds more than 1,200 different organizations around the globe, Gainor adds.

    So how might the United States fit into this idea of a new international cooperative between the developed and developing world?

    It doesn’t, Gainor concludes. The INET conference is about “changing the global economy and the United States to make them ‘acceptable’ to George Soros.”

    Sponsored Link: I don’t want to scare you… But right now, the U.S. government is doing something incredibly stupid, which could potentially cause a huge crisis in America, in the next few months. Watch the full investigative video here

    Richard Trumka, President of the CIO-AFL  (national unions) is a frequent visitor to Obama’s White House.  He is an evil man and spawn  of the Thugocracy.   He is a man we must watch very carefully.  I am posting some videos to let you see him in his own words.  The first one is his denial of the meaning of the elections.  Listen to how he twists and turns this.  He is better than Pelosi!

    Listen to all of them, especially  the last three.   I have been trying to keep you informed about what the unions are doing and demanding from tax payers.  The  CIO-AFL is the  largest union in our country because it incorporates  many smaller unions and takes dues from all of the members of these smaller unions.  Remember the government workers unions are the fastest growing and they are members of the CIO-AFL thus giving Trumka a great deal of power.   This man by representing government workers unions is gaining power over the tax payer.  He is taking over the government thru these government employee unions and by calling a strike he can shut down any part of or all of the governments: federal, state, county, city.  BB

    2:43 Added to queue AFL-CIO President Trumka – 2010 Election Result…by AFLCIONow6,136 views

     

    3:04 Added to queue One Nation Working Together – 10/02/10by AFLCIONow1,840 views

    2:15 Added to queue AFL-CIO President Trumka: It Gets Betterby AFLCIONow9,927 views


    9:59 Added to queue AFL-CIO President Richard Trumka Bioby AFLCIONow4,500 views

    9:12 Added to queue Richard Trumka, President, AFL-CIO 2by AFLCIONow278 views

    9:21 Added to queue Richard Trumka, President, AFL-CIO 3by AFLCIONow187 views

    9:59 Added to queue Richard Trumka, President, AFL-CIO 4by AFLCIONow109 views

     

    » Is America Becoming A House of Cards? – Big Government.

    This is a very good article from Big Government  (of course most of them are so if you don’t subscribe to Big Government you certainly should).   I am posting this one in it’s entirety (with my comments natch!)  because it is a good reminder of where we are now, how we got here and our possible future.  That future is very very close to happening.  All it will take is China and the other lenders, or I should say “supporters of  America’s outrageous spending, to stop buying our Treasury Notes.  China is the biggest and all they have to say is “No more!”.    I haven’t read anywhere that they have done so as yet, but I have read hints  and rumors that the China is very upset with our out of control government spending.

    I am sure most of you have seen the latest Americans for Prosperity ad   showing a Chinese teacher telling his students that Americans now work for them.  This is so true!  I believe it is impossible to buy anything that isn’t made in China.    I have always bought American when I could get what I wanted and the quality I wanted.  I was willing to pay more for the product, but it has become next to impossible to find the Made in America label.  So the  ad certainly is correct because we are working for them now.

    The following article reminds us again why we are a House of Cards, or soon will be.  BB

    **********************************************

    Is America Becoming A House of Cards?

    by Of Thee I Sing 1776

    House of Cards: – “a speculative scheme that depends on unstable factors that the planner cannot control,” (WordNet – Princeton University). While we don’t believe America has, by any stretch of the imagination, yet become a house of cards, we do strongly believe the federal government and state and local governments have been, for a long time, pursuing policies that fit that definition to a tee.  And, according to last week’s Rasmussen Poll, two thirds of Americans described as likely voters sense that something is very wrong and, what is worse, could, if triggered by any surprise world event, spin out of control.

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    They are very worried about the course we are on, and, we believe, with good reason. Notwithstanding President Obama’s lament last week that the public has become disenchanted with the Administration and the Democratic Congress because “we’re hard-wired not to always think clearly when we’re scared,” we believe the people are thinking quite clearly because they know there is really something about which to be scared.   ( Americans are too stupid to understand all that The One has done for them!  That’s why they voted for all those Republicans and not because Americans actually do understand very well what Obama and the Democrats have done to our nation.    He still doesn’t get it.  He isn’t faking and neither is he in denial because to be in denial a person really does see the truth but is trying not to.  Obama actually believes what he is saying and that he has given Americans so much good and they just don’t understand and appreciate his efforts .  BB)

    We don’t want to dismiss all that is positive about our economy.  As Fed Chairman Bernanke testified before the U.S. House Committee on the Budget on June 9. “Our economy is large, diversified, and flexible; our financial markets are deep and liquid;” and, as Bernanke correctly points out, in the midst of financial turmoil, global investors have continued to view Treasury securities as a safe haven…at least, so far.   But we wouldn’t break out the champagne just yet.  And we’re willing to bet Chairman Bernanke doesn’t see much about which to celebrate either.

    He ended his testimony with the warning (certain to be ignored, at least by the current Congress) “that history makes clear that failure to achieve fiscal responsibility will, over time, sap the nation’s economic vitality, reduce our living standards, and greatly increase the risk of economic and financial instability.”  (IN his latest reports to the Congress he has tried again to make this fact understood.  But with the Senate in Dems control and Obama’s veto there is much the House can do but refuse to pass spending bills for Obama’s programs.  there is only one problem with that strategy:  These programs have been scattered thru out the government in many agencies  so they will get funding no matter what the Congress tries to do.  The only thing that will stop these programs is complete repeal of the bills creating them.  BB)

    As we noted in last week’s essay, “unsustainable” seems to be the new buzzword in Washington.  What the government is, and has been, doing is clearly unsustainable. Chairman Bernanke knows it, and we believe the Congressional Budget Office and the vast majority of the American public knows it as well.  (I am so tired of hearing Congressmen and Obama use the word “unsustainable” and then go out and pass a bill spending more money that must be borrowed from other nations.  BB)

    The White House projections for economic growth upon which estimates of future deficits and public debt are predicated are optimistic to the point of wishful thinking.  The Administration assumes five consecutive years of annual GDP growth in excess of 3.5 percent beginning this fiscal year (which began one month ago).  That is beyond a very bullish  near term expectation of economic growth, and its authors, who have access to statistics of past economic results, must know the premises to be false. Projections of that kind from any public corporation in the private sector would trigger SEC scrutiny (assuming the SEC was doing its job) to make sure the private company warned the public as soon as it had knowledge that its projections could not be achieved. Very stiff penalties would await the private firm that made irresponsible projections that it could not achieve.

    Consider the consequences.  Each 1.0 percent shortfall in GDP growth compared to these assumptions results in a substantial further deterioration in the national deficit and, therefore, the national debt as well.  With the government currently borrowing approximately 40 cents of every dollar it is currently spending, any further escalation of our deficit and, hence, our public debt portends a very rocky future, one that all but guarantees that our children and grandchildren will not fare as well as their parents – a first in American history.

    The American public cannot take much comfort from the Administration’s projections for inflation either.  The government’s projections of future deficits and public debt are, of course, dependent on the actual rate of economic growth as well as the actual rate of inflation The concern looking forward is compounded when considering the White House projections for inflation together with their projections for GDP growth.  Not only does the nation have to achieve GDP growth in excess of 3.5 percent for the next five years, but also, if the Administration’s forecast is to be achieved, we have to hold inflation below 2.1 percent every year for the next decade.  That is a very tall order, not achieved in any recent 10-year period, and especially so with an Administration and a Democratic controlled Congress that shows virtually no restraint in spending.

    If these projections are achieved America will be able to breathe a sigh of relief.  If, however, they prove to be as fanciful as on their face they appear, then the economy the country is building for posterity may well prove to be a house of cards.

    Government, at all levels, but unfortunately not the American economy, has been on an incredible growth spurt. In recent years, it is government that has been growing at an unprecedented and an unsustainable pace.  The public sector has been, at all levels, growing impressively (well, maybe not so impressively, but certainly rather spectacularly).  Public payrolls have grown, as have public health-care and retirement benefits all of which, in the final analysis, are paid for with the taxes paid by private sector wage earners whose jobs have been dwindling, as have their benefits.  (This is due to the unionization of public employees.  The teachers unions, the transportation workers unions, the garbage collectors unions  and all the others have We the people over a barrel.  they get what they want or else they shut the services the government privates down.  The average public employees salary is $70,000 a year as compared to us Joe’s working our buns off in privately owned businesses who average $45,000 a year.  And that doesn’t include the generous  benefits like premier healthcare, vacations and days off with pay and a whole range of goodies.  BB)

    Public sector health benefits frequently require little or no deductible and little or no co-pay and public sector retirement benefits are often predicated on the highest salary earned (usually the salary earned during the last working year or two prior to retirement).  To justify these lavish tax-funded benefits, the public sector pension programs are invariably based on economic assumptions or investment returns that are just as unrealistically optimistic as the Administration’s budget and inflation assumptions.   The liabilities incurred by the cities and states whose employees are the beneficiaries of this largesse are generally cast in concrete. The growth assumptions for investment earnings, of course, are not.  They are, to borrow from the house-of-cards definition, truly a speculative scheme that depends entirely on factors the planners cannot control.  For example, these pension funds typically are predicated on long-term investment growth of 8 percent.  Typical bond yields are, today, around 2 percent and, according to Bill Gross of PIMCO, one of the largest and most successful fixed income fund managers, public sector pension programs are typically weighted 60 percent toward equities and 40 percent toward bonds or fixed-income investments.  These bond yields require a long-term return on equities of around 12 percent for these pension plans to meet their projections.  Unfortunately, the current yield of the S&P 500 (the broadest equity index) is barely 2 percent.  Dividends would have to grow, according to Gross, by 9-10% a year to hit that target.  And, to make matters worse, the further the government succeeds in pushing down bond yields, even more unrealistic return assumptions from equities are required.  These kinds of returns bear no basis to reality, and yet public officials use them in order to justify the benefit packages they give to their friends in the public sector unions.  That is why public sector benefit and pension plans are the major contributors to the red ink in which state and municipal governments are drowning…red ink estimated to now be running about $3 trillion.  These plans are, in fact, built on a house of cards.

    We have another structural problem that raises the specter of a future built on a house of cards.  As we blithely continue with our statist European-model entitlement policies we will require a strong ratio of new tax-paying workers entering the work force to balance out the aging workers who are exiting the work force and retiring. We are now entering a cycle where, for the next decade or so, nearly 80 million baby boomers will begin retiring and collecting their social security checks and calling on the health-care establishment to care for them under Medicare, a program already facing future insolvency and under further strain as a result of Obamacare.  While America enjoys, relative to our European trading partners, a larger 18-to-38 year old population, the positive infusion of young workers into our system is largely driven by prior immigration into the United States.

    Our indigenous (non-immigrant) birth rate is about the same as the weak birth rates found in virtually all industrialized European countries today and America, in reaction to the huge illegal immigration problem we have and which successive. Administrations have refused to address, is in danger of becoming an anti-immigration country. Nothing could be more self-defeating.  Without the population growth provided by legal immigration, the imbalance of aging, retired Americans compared to young workers who are required to support them will produce a crisis from which there may be no escape.

    The current American birth rate without the larger families produced by new arrivals in the United States will not support the entitlements we owe to senior America. And without a steady stream of new, taxpaying workers offsetting the ever-growing steady stream of retiring workers, our economy could sag, if not collapse, of its own weight.

    We began by stating that we do not believe that the American economy is built on a house of cards…not yet anyway.  But our economy (in fact any country’s economy) is always a work in progress; it is being built every day.  The decisions we make today will, indeed, determine whether what we are building is a future with a strong foundation, or, is instead, a future built on a house of cards.

    by Hal Gershowitz and Stephen Porter

    Obama didn’t get it and he continued today in his little unrepentant mea culpa speech  he continued to blame Bush, the Party of No Republicans and We the People.  Heaven forbid he see the huge national finger pointing at him.   Obama has made me ill for a long time now but today i really and truly gagged while listening to him.

    The union members, CIO-AFL and SEIU Service Employees International Unions which covers most government employees, were  scared or threatened by their  leaders into electing the Democrats in New York, California and Nevada.   They were afraid of the Republicans pulling a Christie on them and cutting their pensions, pay and health care benefits.  The fact that these  union perks for the government employees in New York and California are bankrupting the states.So these two states that are on the cliff and falling into bankruptcy will be coming to the rest of the country for their bail out.  I can only hope the Republicans in the House stick to what We the people have told them and allows these two states to fall on their Democratic Asses.   Then they will have to cut their spending regardless of how many union members have to give up the million dollar pension plans.

    As far as Nevada and our dear old  Senator  Harry Reid,  the union members in the casinos were bussed to the polling places to vote for Harry.  He promised them  the Card check which there is no way in Hell he will get thru this House.   BB

    Teachers union helped unseat Fenty – Ben Smith – POLITICO.com.

    Government workers get paid with your tax dollars therefore when government workers unions spend money to help elect or defeat a politician then they are the dues taken from their pay which are your  tax dollars to do it.  It happened really big and got Obama elected, and now the government workers unions are going after the small fry in cities, states and counties all over the United States.  How does it feel to pay for your own shake -down?  BB

    The American Federation of Teachers spent heavily to unseat Washington, D.C. Mayor Adrian Fenty and to put the brakes on his aggressive efforts to shake up the city’s schools system.

    The national union spent roughly $1 million in contributions to a labor-backed independent expenditure campaign — also supported by the public workers union AFSCME — and on its own extensive political operation, a Democratic political consultant familiar with the details of the spending told POLITICO. The spending suggests that the vote — while not a referendum on Fenty’s attempt to shake up the school system — was deeply shaped by that policy. And while the teachers union has been careful not to claim the scalps of Fenty and his schools chancellor, Michelle Rhee, the election may serve as a political shot across the bows of other urban officials considering similar policies.


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