Social Security!

Discussion in 'Campfire' started by Redcloud35, Feb 13, 2008.

  1. Redcloud35

    Redcloud35 Well-Known Member

    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 of 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,

    2.) That the participants would only have to pay
    1% of the first $1,400 of their annual
    Incomes 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 Secu rity
    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 c ould 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 US .

    -------------------------------------------------------------------

    Q: Which Political Party decided to start giving
    Annuity payments to imm igra nts?

    AND MY FAVORITE:

    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!!!
     
  2. John Stiles

    John Stiles Ultimate Member 2007 Team Turkey Contest Winner

    Great post, Chief...thanks for putting it up on here. Question.....when John McCain gets appointed president, and he gives the amnesty to the illegal immigrants; what's that gonna do to the democrats "perfect record" of raping the american citizenry?:thumb:
     

  3. flintknapper

    flintknapper Moderator/smokepole pimp

    That's an interesting post for sure. Don't blame FDR, he had it set up right!
     
  4. rjet

    rjet Well-Known Member

    Something has got to be done about this.

    13+% off the top for SS is way too much coming out of our paychecks. I believe I read a while back that the max it could ever be under FDR was 3%. With 13% off the top, it is keeping us all dependant on the govt for it. I could have a nice lil nest egg if I could invest that myself. :mad:
     
  5. Redcloud35

    Redcloud35 Well-Known Member

    It will still be a perfect record, McCain Is not a Rep. he is a Demoncrat in sheeps clothing.:wink:
     
  6. John Stiles

    John Stiles Ultimate Member 2007 Team Turkey Contest Winner

    That extra percentage is for all the illegal aliens:wink: Let's see...that's 3% to pay for the retired americans who worked and payed in, and 2% for the illegal aliens who didn't pay in, and the other 8% is for the politicians golden parachute retirement accounts so they can live obscenely out their days sitting around swimming pools sipping cocktails in the Bahamas!:cool:
     
  7. Jed A

    Jed A Well-Known Member

    I thought it was only 6-ish.
     
  8. rjet

    rjet Well-Known Member


    That is what they want you to think.
    If employed with a company they pay the other 6, which still makes it part of your wage...is just the way the govt tries to hide it from the worker.
    Ask any self-employed person how much SS is, you will get an answer of 12.4% not counting medicare.
    15.3% total :mad:

    http://www.ssa.gov/OACT/ProgData/taxRates.html
     
  9. Jed A

    Jed A Well-Known Member

    Yep I looked it up after I said that. Even ended up on the same webpage and was coming back to say that I figured that was what you meant.
     
  10. rjet

    rjet Well-Known Member

    A lot of folks dont want to acknowledge that the employer part is actually part of their wage. :smack:
     
  11. John Stiles

    John Stiles Ultimate Member 2007 Team Turkey Contest Winner

    Who else would pay it???:eek: :razz:
     
  12. ECHIV

    ECHIV Guest

    636
    0
    Employer also pays part of your Income Tax which would also come to you if the Infernal Revenue Service were not stealing, err make that withholding, it before it gets to you.
     
  13. ECHIV

    ECHIV Guest

    636
    0
  14. Down on the White

    Down on the White Well-Known Member

    I have been basically forget about retiring.:confused:
     
  15. rjet

    rjet Well-Known Member

    YEP, govt is smart. If we had to write a check for every tax we pay there would be a revolt. That is why they kinda hide it from us from automatic withdrawals for the general public. If we all had to write 2 checks at walmart, one for purchase and another for tax would make folks think a little. Govt has made it way to convenient in the way we pay taxes, is hidden from those who dont want/care to see.
     
  16. Let's not forget the paying for babies being born & money each month to raise them & feed em!!:mad:
     
  17. ECHIV

    ECHIV Guest

    636
    0
    Do not for one minute think that our congressmen and womenare looking toi Social Security to supplement their retirement or depending on it. Congress has a seperate retirement plan. It is something like this. Get elected, Serve one full term, retire and continue to receive the same paycheck for life.

    No wonder they don't care to reform social security.