Your” Social Security, is not that Secure anymore!
Just in case some of you young folks didn't know this. It's easy to check out, if you don't believe it. 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 $90,000 ($109,000 as of 2009)
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
(Big One…)
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,
(Another Big One….)
Under Lydon B Johnson (Democrat) the money was moved to
The General Fund and Spent as congress needed, and left an IOU in place of money!
5.) That the annuity payments to the retirees
would never be taxed as income..
(A REALLY Big One…!!)
Under Clinton & Gore (both Democrats)
Up to 85% of your Social Security can be Taxed
Since many of us have paid into FICA for years and are
now or will someday start receiving a Social Security check every month --
and then finding that we are getting taxed on 85% of
the money (That had already been taxed) we paid to the Federal government to 'put
away' -- you may be interested in the following:
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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.
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Q: Which Political Party eliminated the income tax
deduction for Social Security (FICA) withholding?
A: The Democratic Party.
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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
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Q: Which Political Party decided to start
giving annuity payments to immigrants?
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!
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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 VOTERS BELIEVE IT!
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!! Enough is Enough!!!!
And least we forget…
A government big enough to give you everything you want, is strong enough to take everything you have.
-Thomas Jefferson
So when Obama and the Democratic congress make you a promise , do you believe they intend to keep that promise?
