Social Security

[December90]

Received this e-mail and thought it worth sharing.


Franklin Roosevelt, a Democrat, introduced the Social Security
(FICA) Program He promised:

1.) That participation in the Program would be completely voluntary,

2.) That the participants would only have to pay 1% of the first $1,400 of their annual income into the Program,

3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,

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,

5.) That the annuity payments to the retirees would never be taxed as income.

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, with Al Gore casting the "tie-breaking"
deciding vote as President of the Senate, while he was Vice President of the U.S.

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 SSI Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it!

Then, after doing all this violating of 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!

[jenmdixon]

So tell me, december90, how many of your extended family and friends are currently receiving SS? Just curious...

[jenmdixon]

Hm. I didn't mean that as harsh as it sounded.

I'm genuinely curious if your views are affected or not by the participation or lack thereof in your family and friends...

[portisizzle]

Originally posted by jenmdixon
So tell me, december90, how many of your extended family and friends are currently receiving SS? Just curious...

What was that shot for Jen?

Looks like relevant information to me.

[December90]

Originally posted by jenmdixon
So tell me, december90, how many of your extended family and friends are currently receiving SS? Just curious...

1. My Great Aunt.

SS is a pyramid scheme designed to collapse. I would gladly opt out of benefits if I could opt out of funding it.

[jenmdixon]

Originally posted by portisbowwow



What was that shot for Jen?

Looks like relevant information to me.

Didn't mean it as a shot. Really. See my second post.

Damn computer is slow as molasses today in loading the pages

[December90]

Originally posted by jenmdixon


Didn't mean it as a shot. Really. See my second post.

Damn computer is slow as molasses today in loading the pages

Did not take it as bad as it it may have sounded. (You got the benefit of the doubt because I have read your posts in the past and you don't tend to personally trash people)

I take it as a point of pride that my immediate family can all stand on their own without "Momma Government" supporting them. We have designed a system of entitlement that rewards existence above achievement and Social security is just one of the programs where politicians from both partys have sold out to the elderly voting block (the democrats more successfully than the republicans)

We the Nation need to go back to JFK's statement "Ask not what your country can do for you but ask what you can do for tyour country" (or something like that)

[codeorama]

I'm kind of torn over SS.
Personally, I'd have no problem taking care of my own needs. However, with human nature being what it is, imagine all the people who are irresponsible. Do they end up being state supported? If the state doesn't support them, what happens to them?

I'm NOT saying I think the state should or should not support them, I'm honestly asking. Do they die on the streets, do they become criminals and start robbing honest citizens?
I'm not informed enough to have a strong opinion on it. But I do hate paying for something that at this point looks like it won't be available to me.
But my GOP supporting Grandmother is living large off of SS and other govt money...

[December90]

Originally posted by codeorama
I'm kind of torn over SS.
Personally, I'd have no problem taking care of my own needs. However, with human nature being what it is, imagine all the people who are irresponsible. Do they end up being state supported? If the state doesn't support them, what happens to them?

I'm NOT saying I think the state should or should not support them, I'm honestly asking. Do they die on the streets, do they become criminals and start robbing honest citizens?
I'm not informed enough to have a strong opinion on it. But I do hate paying for something that at this point looks like it won't be available to me.
But my GOP supporting Grandmother is living large off of SS and other govt money...

How did so many people live until FDR came up with this govt program to support them. Do you think any of the founding fathers would have even dreamed of such an entitlement system?

One of the major problems with social security was that it was designed so that most people would NOT benefit from it. The age restriction was higher than the average life expectency at the time. Yet as we have advanced life expectency greatly since social security began we have not moved back the age at which you are entitled to your govt check much (I think it was moved back once but am fuzzy on the details right now)

[Predicto]

Originally posted by December90


How did so many people live until FDR came up with this govt program to support them?

A lot of them starved, or became a horrible burden on their children if they were lucky enough to have them.

[codeorama]

Originally posted by Predicto


A lot of them starved, or became a horrible burden on their children if they were lucky enough to have them.

That was going to be my response.
Again, not claiming to be right or what ever, but that's my question.
Lets just say that it becomes "every man for himself". What happens to those other people, am I going to have to hire a private security force to guard my home?

[Kilmer17]

I'd like free gas please. It would help my business and let me create more jobs.

Someone point out the difference please.

[December90]

Originally posted by Kilmer17
I'd like free gas please. It would help my business and let me create more jobs.

Someone point out the difference please.

Why stop there.

Maybe we could start SS Benefits from birth instead of waiting until they are 62 years. I have already paid in my "40 quarters" so why should I have to wait another 30 years or so until I can "cash in"

I cannot get past the opinion that the government is supposed to protect us from enemies both foreign and domestic. I did not think they were supposed to protect me from me?

[codeorama]

Why is it just protecting "me from me"?
I look at it more as protecting "me from you".

[portisizzle]

Originally posted by Kilmer17
I'd like free gas please. It would help my business and let me create more jobs.

Someone point out the difference please.

I WANT FREE ACCESS TO EXTREMESKINS.COM!!!!!!!NOW!!!!

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Oh, it is free........................sorry guys....