Thanks. I have e-mailed it.
This is a discussion on Interesting Bit On Socialist Security within the Politics forums, part of the Main Category category; Social Security Just in case some of you young whippersnappers (and some older ones) didn't know this. It's easy to ...
Just in case some of you young whippersnappers (and some older ones) didn't know this. It's easy to check out, if you don't believe it..Be sure and show it to your kids. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican. Facts are Facts!!!Our Social Security
Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA) Program. He promised:
1.) That participation in the Program would be
Completely voluntary,No longer Voluntary
2.) That the participants would only have to pay
1% of the first $1,400 of their annual
Incomes into the Program,Now 7.65% (plus Employer pays 7.65%)
3.) That the money the participants elected to put
into the Program would be deductible from
their income for tax purposes each year,
No longer tax deductible
4..) That the money the participants put into the
independent 'Trust Fund' rather than into the
general operating fund, and therefore, would
only be used to fund the Social Security
Retirement Program, and no other
Government program, and,Under Johnson the money was moved toThe General Fund and Spent!
5.) That the annuity payments to the retirees
would never be taxed as income.
Under Clinton and Gore,Up to 85% of your Social Security can be Taxed
Since many of us have paid into FICA for years and are
now receiving a Social Security check every month --
and then finding that we are getting taxed on 85% of
the money we paid to the Federal government to 'put
away' -- you may be interested in the following:
------------ --------- --------- --------- --------- --------- ----
Q: Which Political Party took Social Security from the
independent 'Trust Fund' and put it into the
general fund so that Congress could spend it?
A: It was Lyndon Johnson and the Democratic
controlled House and Senate.
------------ --------- --------- --------- --------- --------- --------- --
Q: Which Political Party eliminated the income tax
deduction for Social Security (FICA) withholding?
A: The Democrat Party.
------------ --------- --------- --------- --------- --------- --------- -----
Q: Which Political Party started taxing Social
A: The Democrat Party, with Al Gore casting the
'tie-breaking' deciding vote as President of the
Senate, while he was Vice President of the US
------------ --------- --------- --------- --------- --------- --------- -
Q: Which Political Party decided to start
giving annuity payments to immigrants?
AND MY FAVORITE:
A: That's right!Jimmy Carter and the Democrat Party.
Immigrants moved into this country, and at age 65,
began to receive Social Security payments! The
Democrat Party gave these payments to them,
even though they never paid a dime into it!
------------ -- ------------ --------- ----- ------------ --------- ---------
Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!
And the worst part about it is uninformed citizens believe it!If enough people receive this, maybe a seed of
awareness will be planted and maybe changes will
evolve. Maybe not, some Democrats are awfully
sure of what isn't so.
But it's worth a try. How many people can YOU send this to?
Actions speak louder than bumper stickers.AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!!
A government big enough to give you everything you want, is strong enough to take everything you have.
"The people never give up their liberties, but under some delusion." - Edmund Burke
Thanks. I have e-mailed it.
By faith Noah,being warned of God of things not seen as yet, moved with fear,prepared an ark to the saving of his house;by the which he condemned the world,and became heir of the righteousness which is by faith Heb.11:7
This can't be true, the democrats only care about the working class and the poor. They would never do anything like this. It's those evil greedy republicans that only cater to the rich and big business, they are the real demons. Just ask the democrats they will set the record straight. They are pure as the wind driven snow.
"You can get a lot accomplished if you don't care who gets the credit" - Ronald Reagan
I am 52 years old. If I could stop paying into Social Security today the government could keep every cent I have paid into it and I would still come out ahead.
Its not what you don't know that gets you in trouble, its what you know that ain't so. - Mark Twain
Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same. - Ronald Reagan
All pyramid schemes fail. 100%
It's a mathematical certainty.
Even if the government is running it.
They should have a statue of ole' Ponzi in front of Social Security headquarters!