* PUBLIC POST *
Recieved this via e-mail. Some food for thought.
"Your Social Security"
Just in case some of you young whippersnappers (& 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% on the first $98,000
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 to
The General Fund and Spent
5.) That the annuity payments to the retirees
would never be taxed as income.
Under Clinton & 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 democratically
controlled House and Senate.
------------ --------- --------- --------- --------- --------- --------- --
Q: Which Political Party eliminated the income tax
deduction for Social Security (FICA) withholding?
A: The Democratic Party.
------------ --------- --------- --------- --------- --------- --------- -----
Q: Which Political Party started taxing Social
Security annuities?
A: The Democratic Party, wit h Al Gore casting the
'tie-breaking' deciding vote as President of the
Senate, while he was Vice President of the US
------------ --------- --------- --------- --------- --------- --------- -
AND MY FAVORITE:
Q: Which Political Party decided to start giving
annuity payments to immigrants?
A: That's right!
Jimmy Carter and the Democratic Party.
immigrants moved into this country, and at age 65,
began to receive Social Security payments! The
Democratic 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."
--Thomas Jefferson
Cyberjammies
Wow. What a great bunch of information. I will surely be passing this on.
~~~~~
The man who speaks to you of sacrifice, speaks of slaves and masters. And intends to be the master.
1The biggy here is the moving of the SS moneys from a special fund to the general. Gee! I wonder how we ran out of money for Social Security!
2It also never made any sense that you get retirement money after only one term... and FULL salary too! I notice that when you retire from any other govt job this doesn't happen! It seems terribly costly and for no really good reason. Anyone want to help change it? First all of Congress must go on Medicare and second, unless you have twenty years in Congress, no retirement pay... and when you DO spend 20 years, you only get HALF pay! When you spend 25 years, you get 40% and so on.
Very interesting read. I'd be interested in hearing any rebuttal on this.
3I believe it was Reagan who initiated the tax on SS and also took kids off of it 4 years early.
4***************
"I will marshal all the forces of darkness to hound you to an assisted suicide." - In the Loop
Thankyou for sharing this information!
5I love it. This is the same group, that is currently saying that the "public option" is voluntary. How long will it be before suddenly it isn't so voluntary.
6I admit (regarding Sam's comment) that I did NOT fact-check this!
7I was in a bit of a rush.
===================================
Conservative in exile
Washington and Sacramento: Stealing our children's futures.
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