According to US Uncut, “…a likely Hillary Clinton victory means her intent to defund Social Security may come to fruition.
The Democratic nominee recently came under fire in revealing articles by Naked Capitalism’s Yves Smith and International Business Times’ David Sirota, for her potential plans to introduce mandatory retirement savings accounts set up to enrich Wall Street — rather than expanding Social Security.
Under the new mandatory accounts, Americans would pay a 1.5 percent payroll tax to go directly into retirement accounts managed by Wall Street banks that would invest in private equity, hedge funds, and other investments that would come with hefty fees for fund managers, all courtesy of U.S. taxpayers. One of the biggest proponents of mandatory retirement savings accounts is Blackstone CEO Tony James — one of Hillary Clinton’s biggest campaign donors — who is a possible pick for Treasury Secretary in a Clinton administration.”
Leaked emails also show Clinton is in favor of a hemispheric free trade zone for North and South America and open borders. Free trade is code for “exporting jobs from the USA,” while “open borders” is code for lowering wages and benefits in the USA. Like her supposed proposal on Social Security, Wall Street and major corporate investors would benefit from Clinton’s proposal.