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| Why Is Glenn Beck After The SEIU? in forum [Market-Ticker]
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Jeffrey_thomason
Posts: 7083
Incept: 2009-03-11
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The concern is less the actions and more with the motives and the goals I think.
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When they turn the pages of history, when these days have passed long ago. Will they read of us with sadness for the seeds that we let grow?
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Phantomace
Posts: 6393
Incept: 2009-03-16
Las Vegas, NV, and your screen
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Gen: I think the issue Beck has with it is the motive, and not necessarily the action. The motive for most homeowners as listed in your Ticker is current financial hardship. The motive for Lerner/SEIU is to pull the evolution of a full-on collapse forward so the system cab be reshaped into a Socialist construct even worse than where we're at now.
Not saying either is right or wrong, mind you, just trying to perhaps point out the difference between the action and desired outcomes.
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"That was a little trick I call math. Oops, now I'm not emotionally invested..." - Dilbert The only good thing I have to say about Barney Frank is at least he's not breeding...
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Geckolizard
Posts: 189
Incept: 2011-02-16
Your Monitor
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SO if Lerner put the squeeze on the banks, what can they do?
Oh, that's right- they'll bitch to Congress for a bailout. And they'll probably get it. Right before they spin off and sell their ****ty mortgages to the FED.
I agree with Lerner- starve the beast- but this beast gets fed from multiple sources.
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The preacher man says it's the end of time. He says that America's rivers are going dry. The interest is up, The stock market's down. You guys have to be careful walking around here this late at night. This-this is the perfect place to get jumped. ('Providence', Godspeed You! Black Emperor)
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Tnhermit
Posts: 348
Incept: 2009-02-18
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IF you destroy the banking system (which i hate) People will look to government for help. Thats is the whole purpose of SEIU So you get people making a so-called business decision thinking the government will bail them out. Not the best choice in my mind
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Lenguado
Posts: 1272
Incept: 2010-01-12
Orlando, FL
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Gen - what Jeff said. I heard Glenn's railings on this, and he was pretty explicit in stating something along the lines of (paraphrasing the rest here) - even though you may agree with what they are doing, going after the TBTF banks, etc - there are 2 problems with falling in line with and supporting them. First - they are blatently and openly talking about the overthrow of our Govt (Glenn's words, not mine). And even if you agree with trying to take down the banks, you shouldn't be associated or support the open overthrow of the govt. Not to mention that if other organizations (like say some "militia group" like the "Tea Party") were openly talking about it, they would be swooped down on and charged with Federal crimes. Second - the concern isn't the short-term OPEN objectives - punish and close the TBTF banks; but the unstated ulterior motive - cause enough chaos in the system to overthrow the govt using classic Cloward-Pivens strategy of 'overwhelm the system' to "transform the United States of America"....
I think that is what Glenn was getting at. At least from what I understood what he was saying. Again, not my words, but trying to encapsulate what he was saying. FWIW
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I just realized... they aren't saying, "Keynesian Economics" they're saying "Kenyansian Economics". Grass Huts for everyone! Welcome to history’s first Double Dip Depression
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Genesis
Posts: 130747
Incept: 2007-06-26
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The banking system destroyed itself. It has nobody to blame but itself for the consequences.
The government has had every opportunity to force these people to take their losses and fail.
Self-imposed harm is self-imposed. I don't buy that if the banks blow we lose our government. To the contrary - I argue that protecting them will kill our government.
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I don't care if it makes sense -- only if it makes money. -- Me Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb. What part of "shall not be infringed" was unclear?
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Adrenaline_junky
Posts: 1869
Incept: 2007-09-14
Chicago
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We lost our government already. Now the question is how to get it back from the Plutocrats without handing it to the Socialists.
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"If Goldman Sachs is doing God's work, they must be referring to the cruel God of the Old Testament who brought forth plagues, floods, and pestilence." - Me
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Mannfm11
Posts: 3545
Incept: 2009-02-28
DFW, Tx
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These guys are idiots if the purpose is to redistribute wealth. They will make it equal alright, zero. Where the hell does the SEIU think they invest their pension funds?
I think part of the big problem in the US is the government is being run by the SEIU on one side and the banks on the other and the rest of us are being sucked dry by these 2 groups. The only purpose the SEIU would have to bust the banks is so they would be the remaining power in control.
The fly in the ointment is none of this is the banks money. This doesn't sink into the guy on the street or the bankers, who have moved toward bigger and bigger parasites on both sides. All this **** falls apart, it is our money. The entire money supply in the US is what the banks owe us. We bail that out, it can only be a reduction in what we have. The SEIU is merely another parasite on the other side of the body and they used these bankers to set up seemingly cheap pension funds.
Beck also gets after the bankers or I would buy into the idea this is a left/right argument. He might think as I do that if you took both the banks and the SEIU and sent them to the depths of hell, we might have a chance here. Does anyone believe the SEIU wants their benefits to be the same as the average Joe's? This sounds more like Lenin than a patriot.
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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Killben
Posts: 205
Incept: 2009-12-07
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Gen,
It has been my profound belief that people should go in for strategic default ENMASSE.
Also it is a simple decision .. is your house underwater, will it ever recoup your investment, is it throwing good money after bad, legal repercussions, credit score hits etc.
Do not bring in any other emotional matters into the equation.
Then take a call. Do it enmasse. One thing it does .. it exposes banks and their pals in Washington and the Fed who have all been swimming naked.
Also it is best way to take on the banks and hit them where it hurts. Remember the video of the Deusche Bank employee waving a dollar note.. He no longer will be able to .. probably he may not have a job.
The best and easiest way to KICK THE BANKS ON THE BALLS AND SEE THEM SQUIRM. I do not think there is a bettr way to do it.
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Mannfm11
Posts: 3545
Incept: 2009-02-28
DFW, Tx
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AJ, the bankers are the socialists. It is the ultimate social control mechanism.
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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Genesis
Posts: 130747
Incept: 2007-06-26
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Oh no, I want to see them both end up with Beelzebub.
But the fact remains that I don't see the issue with the SEIU attempting to foment people into a group that refuses to pay loans that are unsustainable. The outcome of that is what it is, but the fact remains that the lenders had superior information when they made the loans and did it anyway.
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I don't care if it makes sense -- only if it makes money. -- Me Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb. What part of "shall not be infringed" was unclear?
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Infidel
Posts: 5463
Incept: 2007-08-27
between here and there
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Motivation goes beyond making banks "pay" (since they won't, you will as a productive citizen via more bailouts) and leads to anarchy, which I believe you have staked out a position on.
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"DON'T BELIEVE THEM, DON'T FEAR THEM, DON'T ASK ANYTHING OF THEM." -ALEXANDER SOLZHENITSYN.
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Genesis
Posts: 130747
Incept: 2007-06-26
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I don't believe there will be more bailouts. I don't believe they can fund them.
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I don't care if it makes sense -- only if it makes money. -- Me Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb. What part of "shall not be infringed" was unclear?
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Geckolizard
Posts: 189
Incept: 2011-02-16
Your Monitor
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Quote:One thing it does .. it exposes banks and their pals in Washington and the Fed who have all been swimming naked. No, I think it would just result in more money going from Washington (the public) to Wall Street and more **** debt going from Wall Street to Washington (the public). Seen this movie a few years ago, know the ending. But being ass*****d by the bankers forever is not a good alternative, either. Genesis wrote..I don't believe there will be more bailouts. I don't believe they can fund them. I WANT to believe this. I really do. But past performance has told me otherwise.
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The preacher man says it's the end of time. He says that America's rivers are going dry. The interest is up, The stock market's down. You guys have to be careful walking around here this late at night. This-this is the perfect place to get jumped. ('Providence', Godspeed You! Black Emperor)
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Corn1945
Posts: 4167
Incept: 2009-04-30
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This is pointless. They will just get another bailout. Maybe not outright but some kind of back door deal. They'll still get it though. Anyone who disagrees has been out to lunch for the last two years.
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Infidel
Posts: 5463
Incept: 2007-08-27
between here and there
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Corn, to be fair, I don't think anyone but ben and tim thought they would go this far. Right now, it is a scorched earth policy at the Fed. To be honest at this point they probably wish that congress would step up and throw their asses out onto the street. It plays right into their hand by giving the CB an out when the whole world burns and they can rise from the ash like a phoenix.
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"DON'T BELIEVE THEM, DON'T FEAR THEM, DON'T ASK ANYTHING OF THEM." -ALEXANDER SOLZHENITSYN.
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Ark
Posts: 1163
Incept: 2009-07-10
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Beck thinks the Bankers and crooks who caused the mess should be in jail. Rule of Law.
As others above said, he's concerned with the motives of SEIU.
I also agree that it's highly unlikely that the Banks would not get yet another Bailout. It hasn't mattered in the past that we "didn't have the $$$". I'm also pretty sure that Lerner himself KNOWS this - he's been in and out of the White House and has to know that the outcome of his "plan" would just cause more bailouts and more inflation and more misery for Average Americans.
At this point, I'm sure the PTB could give a hoot if 99% of the population was rolling dollar bills around in wheel barrows, at long as their buddies got to survive another 3 months.
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Drench
Posts: 28631
Incept: 2009-11-10
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Or, indeed, AFTRA.
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Riceday
Posts: 502
Incept: 2009-10-30
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Speaking of motives... isn't Andy Stern of SEIU one of the top visitors to the White House?
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Ktrosper
Posts: 1500
Incept: 2010-04-06
ft collins co
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Jeffrey_thomason wrote..The concern is less the actions and more with the motives and the goals I think. I agree. I find myself, in a strange way, rooting for these Marxists. I’m rooting for them to bring about the collapse, at least. For a while I've felt that collapse was imminent and I just wanna get through it, for my kids’ sake. The sooner we get through it, the sooner we can start rebuilding. When it happens, the real fight will begin between the "statists" and the "constitutionalists"... The statists (and I think SEIU fits in there) will argue that free-market capitalism brought about the pain and they'll try to pull what's left of the country toward whatever Marxist-utopian-workers-paradise-model fills their dreams. The "constitutionalists" (I consider myself one of these) will want to return to the country of our founding... Limited gov, free-market capitalism, freedom and liberty. The trap here for freedom-loving, free-market capitalists is that their knee-jerk reaction to this will be to defend the businesses, "defend the free-market"!!! Well, this ain't no free market. And it hasn't been in a while. So guys like Beck, who rush to defend the free-market have their hearts in the right place, but what their defending ISN'T anything close to a free market enterprise....
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The unexamined life is not worth living.-Socrates The only stable state is the one in which all men are equal before the law.-Aristotle Liberty exists now in the spaces government has not yet chosen to occupy.-Doc Zero I anticipate that 10 Dallas Cowboys Cheerleaders will blow me this evening.-K.D
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Jinxx0r
Posts: 4230
Incept: 2007-08-10
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Yeah, the seiu cares about the rule of law... They want to implode the system and replace it with soviet eastern block communism. Oh, it will be different this time they tell me.
Yeah, there will be rule of law if they're successful. Sure. As long as you agree with them all the time.
I need to fix the engine in my car, so I'll use dynamite on it to open the hood. Great idea...
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Jinxx0r
Posts: 4230
Incept: 2007-08-10
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Quote:I find myself, in a strange way, rooting for these Marxists. I’m rooting for them to bring about the collapse, at least. For a while I've felt that collapse was imminent and I just wanna get through it, for my kids’ sake. The sooner we get through it, the sooner we can start rebuilding. Watch "The Road" and see why nobody wants to collapse the system. These idiots think they can collapse the system and they will replace it. It takes serious arrogance to believe that.
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Infidel
Posts: 5463
Incept: 2007-08-27
between here and there
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Ktroper: guns or no guns the free **** army backed by pension badges will roll over this country like **** through a goose. Like someones else said on another thread, the free ****ters will beg for fascism before this is over.
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"DON'T BELIEVE THEM, DON'T FEAR THEM, DON'T ASK ANYTHING OF THEM." -ALEXANDER SOLZHENITSYN.
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Tm22721
Posts: 976
Incept: 2008-01-09
Online
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The Fed is the subject of Beck's show this afternoon. He is plugged into the banking system up to his eyeballs and is a religious conservative so anything negative that he says against the Fed and the banks should be taken with tons of Fukushima salt.
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The country is terminally ill and IT JUST WANTS A PILL.
The only way up is down.
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