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Wall Street’s Dream Is Privatizing Social Security & Medicare…But They’re Here to Stay!
The Socialist Program with Brian Becker
The Alternative to Social Security
The Social Security system lends deductions from wages to the government in exchange for IOUs, using the money to pay out benefits along with government interest. Wall Street aims to privatize this system, allowing private companies to invest deductions in the stock market, potentially leading to a significant influx of funds into stocks.
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