*Democrats Raid Social Security*

Discussion in 'Politics' started by chesswarsnow, Dec 26, 2010.

  1. chesswarsnow
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    chesswarsnow "SASQUATCH IS WATCHING"

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    Sorry bout that,


    1. Just a reminder who's screwing up SS.


    An old Social Security card with the "NOT FOR IDENTIFICATION" message.
    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


    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


    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,

    Under Johnson the money was moved to
    The General Fund and Spent


    5.) That the annuity payments to the retirees would never be taxed as income.

    Under Clinton & Gore
    Up to 85% of your Social Security can be Taxed

    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 could 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 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!

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

    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.


    2. This should open up lots of sleepy eyes.:lol::clap2:



    Regards,
    SirJamesofTexas
     
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  2. Rozman
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    Rozman Gold Member Supporting Member

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    Hey I already know my future with regards to Social Security.The day after I retire there will be some whiney congressman like Anthony Weiner declaring that to his delight the Social Security fund will be dedicated to paying benefits to the millions of illegal aliens that have crossed over and need to collect,today's 99ers will still be unemployed and the Democrats will need to take care of these folks further then the 3000 weeks thy have already collected.The WH will be held by a Lib and congress as well so you know every penny I put into SS will have already been spent so they will tell me that it was Bush's fault.( yes folks 10 years from now they will still be playing the Bush's fault card.).

    My fellow GOP/Independent/Republican /Conservative/Tea Party whatever alliance you hail from be prepared to never receive a dime of Social Security money if you are retiring 10 years from now.

    The Libs have already spent the money or will spend it before we have the nerve to ask for it.
     
  3. kyzr
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    kyzr Gold Member

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    Everybody loses if SS fails. Worst case that I heard is that we'd get reduced benefits. The Mexicans won't complain its free money to them, but those of us who worked all our lives and paid into it will get fucked-over. Obama and the GOP had better focus on fixing SS & Medicare. The problem is, no matter who gets elected they just morph into the same DC whores who do only what the lobbyiests pay them to do. Just look at the tax cuts for billionaires as proof.
     
    Last edited: Dec 26, 2010
  4. loosecannon
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    loosecannon Senior Member

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    The real rate of tax for FICA is 15.3%, it makes no difference whether you pay it or your employer does.

    Just ask Milton Friedman:

    [ame]http://www.youtube.com/watch?v=YmqoCHR14n8[/ame]

    begin at 2:50
     
  5. The T
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    The T George S. Patton Party Supporting Member

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    Thing is? there has to be something new devised for savings. Putting this kinda money in front of politicians and bureaucrats in the District Of Criminals is too tempting a target.

    The funds should be secured and NO ONE should be able to touch them except the person putting the funds in...Hands off to the crooks in Congress.
     
  6. theDoctorisIn
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    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

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  7. LordBrownTrout
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    LordBrownTrout Gold Member

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    When SS does go, they'll just go after what's left of our 401's.
     
  8. WillowTree
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    WillowTree Diamond Member

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    Well, I guess you know the demonRats just stole 960 billion dollars from the medicare fund without blinking an eye, what you get in return is a chance to talk to your doctor every year so you can tell him how you want to die. course it will be a lot earlier than you figured on dying but that's what happens when they take your care away from you. It's called death panels. And then to pour salt into your dying wounds they swagger around telling everyone what greatness they've acheived.
     
  9. WillowTree
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    WillowTree Diamond Member

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    that's already in their target.. the unions have unfunded pension plans that you will have to pay for.
     
  10. The T
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    The T George S. Patton Party Supporting Member

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    True DAT.



    New Lame Duck Threat to Bailout Union Pensions
     

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