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How our Social Security Got Stolen  email this discussion to a friend?

myLot reputation of 48/100. MSV1313 (2239) 4 years ago

How Our Social Security Got Stolen

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 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:


----------THEN---------------------------------------------------



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 / be used up for the purpose it was intended / set aside for.


-------------WORSE STILL------------------------------------------------





Lyndon Baines Johnson 36th. President, Democrat

Term Of Office: November 22, 1963 to January 20, 1969
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 Democratic Party.

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



William Jefferson Clinton

(Bill Clinton)

42nd. President

Democrat Term of Office: January 20, 1993 to January 20, 2001
Albert Arnold Gore, Jr.

(Al Gore)

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 Democratic Party, with Albert Arnold Gore, Jr. (Al Gore) [Vice President Term of Office: January 20, 1993 to January 20, 2001] casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US


------------------THE STRAW THAT BROKE THE CAMEL'S BACK !!-------------------------------------------------



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?

AND MY FAVORITE:

Answer: That's right! James Earl Carter, Jr. (Jimmy Carter) (Democrat, Term of Office: January 20, 1977 to January 20, 1981) 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.

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

 

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1. myLot reputation of 78/100. mscott (1752)   4 years ago

I don't think a lot of people realize that most democrats, including Obama want to expand government even more. He wants to take control of everything and spend, spend, spend. The Federal government should not be growing it should be shrinking. Most people though are so hung up on this change thing really don't understand that his change is going to make things worse. Bigger government isn't a change for the better. w00t

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2. myLot reputation of 48/100. sndcain36 (2691)   4 years ago

Great Discussion!

Very eye opening.

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3. myLot reputation of 42/100. redyellowblackdog (4040)   4 years ago

I'd sure like hear our man McCain give a speech about this. Nice post, thanks.


myLot reputation of 48/100. sndcain36 (2691)  4 years ago

I know right? I want to hear what both sides have to say about it.

SS is always a hot button issue; I'm sure they will get to it at some point in this election.

Right now feel like my husband and I pay into something that won't exist when we are ready for it. I feel like I am being robbed.


myLot reputation of 42/100. redyellowblackdog (4040)  4 years ago

I'm pretty sure SS will still exist. The problem is the inflation will be so massive that the money you will be paid for SS won't buy much.

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