You guys in journalism need to admit you were patsies when it came to ferreting out the truth about what happened, why it happened, and who was really behind what happened.

Maybe you all are still patsies…..

The horrifying truth is that the Democrats are, for the most part, just as corrupt as are the Republicans when it comes to stealing taxpayer’s money and giving it to the wealthy and powerful.

If you take a quick look at Hillary Clinton’s website, it includes her plan to privatize social security. And the few times she’s mentioned this plan, she always says “this is not privatization,” but of course it is.

Why is she getting so much money from wall street? Because she’s already agreed to turn over to them the entire social security system, which they will divide up by individual, charge each person fees and commissions and eat up the money, leaving people with no retirement money at all.

Hillary Clinton describes her plan as a “private 401k” plan. It is nothing more than another IRA, but she uses this deceptive language to try to fool people into thinking they’re getting something. Which they are. They’re getting screwed.

In Hillary’s private 401k plan, individuals can put money into an account with a wall street broker. Maybe, she says, it will be money that would otherwise have gone into the individuals’ social security account. If the individuals divert let’s say 1/2 of their contribution from social security, the employers will be relieved from contributing 1/2 because the employers match what the employee contributes.

Employers now contribute about 7%; under Hillary’s plan they will contribute only 3.5%. Net loss to the working person just in contributions alone. Then the boys on wall street will fee and commission the individual accounts so there’s almost nothing left at all.

HIllary’s other big plan on housing is equally a gift to wall street. She wants to take my money, taxpayers money, and buy up all the worthless notes and deeds of trust in default. Let’s say 5 billion face amount owed, but current value maybe 4 billion, actual value closer to 3. Then some vulture fund will come in (the same people who created this mess will set up new businesses under different names), buy up the securities from the feds for 1.5 billion, and re-sell at 3, making another 1.5 billion profit. All further depleting taxpayers’ funds. And the people in default still lose their houses. It’s just delayed a bit.

And what do we, the citizens get out of this? Wall Street generous contributions to corrupt the Democratic Party, and a bankrupt country.

I don’t know that Obama will do anything better. But Hillary has been perfectly clear that she will follow neocon policies and bankrupt this country, all to the amazing benefit and profit to her and her husband. The corporate poster-children. The people who, along with Terry McCauliffe, made the word “union” “black” and “workers” forbidden terms in the Democratic Party.