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myLot reputation of 89/100. thelastwolf113 (2987) 4 years ago

Someday all of us will "hit social security" hope the $$ is still there for us.


Franklin Delano. Roosevelt (Terms of Office March 4, 1933, to April 12, 1945), 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 parti cipants 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 Fe deral government to 'Put Away' -- you may be interested in the following:



Dwight David Eisenhower
34th. President, Republican,
Term Of Office: January 20, 1953 to January 20, 1961

Insert by Vincent Peter Render:
If I recall correctly, 1958 is the first year that Congress voted to remove funds from Social Security and put it into the General Fund for Congress to spend.

If I recall correctly, it was a democratically Controlled Congress.

From what I understand, Congress logic at that time was that there was so much money in Social Security Fund that it would never run out or be used up for the purpose it was intended and set aside for.



Question: Which Political Party took Social Security from the Independent 'Trust Fund' and put it into the General Fund so that Congress could spend it?

Answer: It was Lyndon B. Johnson (Democrat, Term Of Office: November 22, 1963 to January 20, 1969) and the democratically Controlled House and Senate.



Question: Which Political Party eliminated the income tax Deduction for Social Security (FICA) withholding?

Answer: The Democrat Party.


William Jefferson Clinton
42nd. President
Democrat Term of Office: January 20, 1993 to January 20, 2001
Albert Arnold Gore, Jr.
45th. Vice President

Democrat Term of Office: January 20, 1993 to January 20, 2001
Question: Which Political Party started taxing Social Security annuities?

Answer: The Democrat Party, with Albert Arnold Gore, Jr. casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US .


James Earl Carter, Jr (Jimmy Carter)
39th. President, Democrat
Term of Office: January 20, 1977 to January 20, 1981

Question: Which Political Party decided to start giving Annuity payments to immigrants?


Answer: 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 see this, maybe a seed of awareness will be planted and maybe changes will occur. Maybe not, some Democrats are awfully sure of what isn't so.

But it's worth a try. How many people will YOU send this to?

Actions speak louder than bumper stickers.


Thomas Jefferson
3rd. President, Democrat
Term of Office: January 20, 1777 to January 20, 1781


A government big enough to give you everything you want, is strong enough to take everything you have.

Thomas Jefferson


 

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rodney850 (931) response was accepted on 8/24/2008.
denotes best response, click it to go to the best response.
tags:  bumper, bumper stickers, social security, stickers, trust fund
 
1. myLot reputation of 48/100. rodney850 (931)   ranked 456 out of 3,986 in politics   4 years ago

Thelastwolf,Great topic! One I'm sure will stick in the craw of most liberal democrats!

The last quote you presented by Thomas Jefferson is so so true! Big government is killing this country and the party responsible is inconsequential since BOTH parties have played their part in the build-up!

The sad part is that as we baby-boomers retire, our generations will tax the social security coffers to the max and this could have been totally avoided! Right now the social security trust fund is invested in securities paying less than 2% and this is plain criminal! Just a tweak here or there and it could be making at least 4% or more and safely too! Just this small increase in the earnings could put social security over the hump of the "baby-boomer" crisis but comgress in their infinite "wisdom" will not even consider it!


myLot reputation of 89/100. thelastwolf113 (2987)  4 years ago

I didn't write it, it was sent to me by a relative.

Jefferson is one of my heroes, if we pay attention to all the great quotes by him and Franklin, and stuck to them, our country would still be great, what it was supposed to be.

A government 'for the people, by the people' is gone, it is all about big-business, their interests come first. Rampant Capitalism.

So many things can be changed but they aren't. Only if it takes away our liberites and freedom, then it's OK to change the laws. I am disgusted by my country.


myLot reputation of 48/100. rodney850 (931)   ranked 456 out of 3,986 in politics  4 years ago

Thelastwolf,

It's not my country I'm disgusted with rather my government! The "voice" of the people is nowhere to be heard in the halls of congress! ALL of our career politicians have their own agendas and they try to shove them down our throats (successfully most of the time)!

Consider the way our presidential candidates campaign for our votes. They contrive a policy statement and set a list of THEIR promises of what they intend to do for us when they are elected! How totally backward is that? Shouldn't WE be telling them what we want?(by the people) I know, I know, you are supposed to listen to the rhetoric and decide which one comes closest to your views but in the end it is their agenda and nothing else that matters to them!

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2. myLot reputation of 74/100. everlasting (9950)   4 years ago

Here in the Phili[pines, social security system was looted by the Estrada regime when he used pension money to invest into his friends' business. of course, it lost! Now, the present regime of arroyo is doing the same. lately, she assigned her crony to head that agency. When the workers will apply for their pension, there will come a time when they will get nothing!


myLot reputation of 89/100. thelastwolf113 (2987)  4 years ago

That's awful.
The question beomes: What can WE do about it, in our respective countries?
I have no answer. Seems like we're constantly getting screwed by our governments.


myLot reputation of 74/100. everlasting (9950)  4 years ago

I am always in the street rallying against these greedy leaders! I owe it to my kids.

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3. myLot reputation of 62/100. gewcew23 (5064)   ranked 414 out of 3,986 in politics   4 years ago

When social security was created the average life span of an American was 64. So most American when social security was founded were paying in but dying before the collected, and if they did live long enough they would die shortly after. Social security was turning into an economic boom for the federal treasury e.i more coming in than going out. So the idea was to fund projects with the surplus of cash. The problem that came out was Americans started to live longer and longer and longer. Add to this problem was people started having less chilred and having them later in life. It takes on average 19 years to create a new taxpayer, and you need have 2.1 children to keep population even. So if you wait until you are 40 to have children and only have one, when you retire and go onto social security your child is just starting to pay into social security.
Here is a great quote Government should be small enough to fit into the Constitution.


myLot reputation of 89/100. thelastwolf113 (2987)  4 years ago

That is a great quote. I just read one that said something like this:
When a government is big enough to give you everything you need, it's also big enough to take everything away.

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