Friday, December 28, 2012

Your Social Security


Boycott Social Security. Why pay into a Big Gov system that is already broke!

This is posted by an old white guy just in case some of you young whippersnappers (not to mention you old whippersnappers) are not up to speed on this.

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Social Security is broken and broke. Both parties know it. Democrat refuse to address the issue. Then they sling mud at Republicans every time fixing Social Security is mentioned.

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Gaming the System. Obamanomics: Number Of Americans Collecting Social Security Disability Payments Hits Record High In December: 8,827,795… [weaselzippers.us] 12/26/12

Thankfully the SSDI system isn’t rife with fraud… no, wait?

(CNSNews.com) – The Social Security program ran a $47.8 billion deficit in fiscal 2012 as the program brought in $725.429 billion in cash and paid $773.247 billion for benefits and overhead expenses, according to official data published by Social Security Administration.

The Social Security Administration also released new data revealing that the number of workers collecting disability benefits hit a record 8,827,795 in December–up from 8,805,353 in November. See the headline above.

The overall number of all Social Security program beneficiaries—including retired workers, dependent family members and survivors and disabled workers and their dependent family members—also hit a record in December, climbing from 56,658,978 in November to 56,758,185 in December.

In 2011, according to the Bureau of Labor Statistics, there was an average of 112.556 million full-time workers in the United States, of whom 17.806 million worked full-time for local, state or federal government. That left an average of only 94.750 million full-time private sector workers in the country.

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It is easy to check out, if you do not believe it. Be sure to show it to your kids. They need a little history lesson on what's what, and it doesn't matter whether you are Democrat or Republican. Facts are Facts!

Your 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 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' for us -- 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 citizens believe it! If enough people see this, maybe a seed of Awareness will be planted and maybe changes will evolve. Maybe not, some Democrats are awfully sure of what is not 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 a 100% retirement plan for serving only one term. Do you think that it is about time for voters to make a change in that little perk that our representatives voted in for themselves?

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