How dare these DC Swamp Feeders lump Social Security folks and degrade
them by deciding that our money is a government benefit just as welfare, food
stamps, etc. is a federal benefit. We earned every penny over a life time
of work and these SOB's decide it just like welfare.......clean the swamp
and defeat these bastards. Sounds like they have decided that social security
folks are to be added to their list of DEPORABLES.....Signed, a proud
Do these fools ever consider the cost to change all the
government documents that use the term Social Security to their new welfare
phrase......at a minium millions of dollars in paper, ink, rewrites, and
current documents that will be discarded...this from the environmental
A woman died at age 65. She paid into the system for almost 50 years and
Keep in mind all the people that die every year that were paying into the
system and got nothing!
And these governmental morons mismanaged the money and stole from the
system, so that it's now going broke.
BEAUTIFUL! and they have the audacity to call today's seniors "vultures"
in an attempt to cover their ineptitude. DISGRACEFUL!
The real reason for renaming our Social Security payments is so the
government can claim that
all those social security recipients are receiving entitlements thus
putting them in the same case
as welfare, food stamp recipients.
THIS IS WORTH THE FEW MINUTES IT TAKES TO READ AND DIGEST!
F.Y.I. By changing the name of SS contributions it gives them a means to
refute this program in the future.
It's free money for the government to spend under this guise.
It is really sad to think that most people will just roll over and accept
this as if there is nothing that can be done, but maybe there is if we
make a little noise about our displeasure with what they have done to today's
I will pass this on!!!!!
The Social Security check is now (or soon will be) referred to as a
*Federal Benefit Payment*?
I'll be part of the one percent to forward this. I am forwarding it
because it touches a nerve in me, and I hope it will in you.
Please keep passing it on until everyone in our country has read it.
The government is now referring to our Social Security checks as a
"Federal Benefit Payment."
This isn't a benefit. It is our money paid out of our earned income! Not
only did we all contribute to Social
Security but our employers did too. It totaled 15% of our income before
If you averaged $30K per year over your working life, that's close to
$180,000 invested in Social Security.
If you calculate the future value of your monthly investment in social
security ($375/month, including both you and your employers contributions) at
a meager 1% interest rate compounded monthly, after 40 years of working
you'd have more than $1.3+ million dollars saved!
this is your personal investment. Upon retirement, if you took out only
3% per year, you'd receive $39,318 per year, or $3,277 per month.
That's almost three times more than today's average Social Security
benefit of $1,230 per month, according to the Social Security
(Google it – it's a fact). And your retirement fund would last more than
33 years (until you're 98 if you retire at age 65)! I can only imagine how
much better most average-income people could live in retirement if our
government had just invested our money in low-risk interest-earning accounts.
Instead, the folks in Washington pulled off a bigger *Ponzi scheme*
than Bernie Madoff ever did. (Lyndon Johnson)
They took our money and used it elsewhere. They forgot (oh yes, they knew)
that it was OUR money they were taking. They didn't have a referendum to
ask us if we wanted to lend the money to them. And they didn't pay
interest on the debt they assumed. And recently they've told us that the money
won't support us for very much longer. (Isn't it funny that they NEVER say
this about welfare payments?)
But is it our fault they misused our investments? And now, to add insult
to injury, they're calling it a *benefit*, as if we never worked to earn
every penny of it.
Just because they borrowed the money, doesn't mean that our investments
were a charity!
Let's take a stand. We have earned our right to Social Security and
Medicare. Demand that our legislators
bring some sense into our government.
Find a way to keep Social Security and Medicare going for the sake of that
92% of our population who need it.
Then call it what it is:
Our Earned Retirement Income.
99% of people won't forward this.
You can bet I WILL !!!
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