Did Obama Give the Nod to the SEIU/ACORN Economic Pressure Campaign Against Wall Street?

by Matthew Vadum

Does President Obama approve of the SEIU/ACORN-led economic terrorism campaign that is now directed at JPMorgan Chase?

It seems like a reasonable question to ask. SEIU is President Obama’s favorite union and ACORN is his favorite community organizing outfit.

The campaign, engineered by SEIU board member Stephen Lerner, is designed, in Lerner’s words, “to disrupt and create uncertainty for capital, for how corporations operate … there are actually extraordinary things that we could do right now that would start to destabilize the folks that are in power and start to rebuild a movement.”

According to White House visitor logs, “Stephen Lerner” paid four visits to the Obama White House. On two of those visits he apparently met with then-White House political director Patrick Gaspard, a former executive vice president at the militant SEIU Local 1199. Gaspard, a longtime ACORN operative and Alinskyite, is now executive director of the DNC where he oversees the odious Organizing for America project.

I wonder what they talked about. Hmmmm.

Obama has named SEIU officials to senior posts in his administration, including former SEIU lawyer Craig Becker whom Obama sleazily recess-appointed to the National Labor Relations Board. Becker is a kind of fascist, or more precisely, a syndicalist. He thinks no one should have the right not to join a union: people should only get to choose which union to join. (Incidentally, Becker lied to a congressional committee when he denied having ties to ACORN.)

Earlier this year Lerner said that after consulting his allies he decided that JPMorgan Chase would be “a really good company to hate.” If leftists really believe capitalism is in a “transformative stage,” they “need to confront this in a serious way and develop a real ability to put a boot in the wheel.”

Not coincidentally, Obama has had a falling out with JPMorgan Chase. Although some once described the bank’s chairman Jamie Dimon as “Obama’s favorite banker,” their bromance is on the rocks now that Obama habitually demonizes bankers as “fat cats.”

The SEIU/ACORN war against JPMorgan Chase has recently kicked into high gear.

ACORN’s newly renamed chapters in New York (New York Communities for Change), California (Alliance of Californians for Community Empowerment), Missouri (Missourians Organizing for Reform and Empowerment), and Washington state (Organization United for Reform) make no secret about their participation in the subversive scheme.

To recap what I wrote earlier this week, Lerner’s plan echoes the infamous Cloward-Piven Strategy of orchestrated crisis (which I write about in my new book Subversion Inc.). He urges crippling attacks against the banks to bring them to their knees. He calls upon “under water” homeowners facing foreclosure to refuse to leave their homes. “If you could double [the number of homeowners refusing to leave their homes], you would … put banks on the edge of insolvency again.”

Small-c communist Frances Fox Piven said the same thing last year. She urged delinquent mortgage holders to stay in their homes for as long as possible without paying in order to bring the system crashing down. She told videographer Kyle Olson:

But if millions of people … refuse to go along with foreclosure proceedings, and refuse to pay off those mortgages that are under water, that will be enormous pressure on the banks. And if they do it in the form of a social movement, if they do it with pride and audacity, if they do it with a sense of self-righteousness, the political leaders of this country will not be able to round them up.

Lerner’s plan calls for banks that don’t pay their “fair share” in taxes or that refuse to slash interest rates and forgive mortgage principal to be targeted. It also calls for state and local governments to stop doing business with such banks.

If you’re a radical socialist like Obama, what’s there not to love about the plan?

* * * * *

America needs to know that ACORN is restructuring in time to help re-elect President Obama in 2012. Obama used to work for ACORN and represented the group in court as its lawyer. These radical leftists who use the brutal, in-your-face, pressure tactics of Saul Alinsky want to destroy America as we know it and will use any means to do it.

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Posted Jul 27th 2011 at 8:43 am in ACORN, Big Labor, Obama | 40 Comments