It has always been a ponzi scheme .. you and I are paying for people who currently collect, it has never been an individual savings account!!!In the 80s when they raided the surplus (designed to fill the gaps when there are less workers) is why it's a mess ... all those politicians should be in jail!!!
On Sat, Aug 5, 2017 at 11:38 AM, Hot4azintop via PoliticalForum < politicalforum@googlegroups.com> wrote: > > > > > 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 Deporable. > > > POST SCRIPT: > 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 > wasted current documents that will be discarded...this from the > environmental sensitive Dumbocrats. > > > > *A woman died at age 65. She paid into the system for almost 50 years and > collected NOTHING?* > *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 > retirees. * > > *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 > taxes.* > *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 > Administration. (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. * > > *Will you?* > > > *You can bet I WILL !!!* > > > > > > > -- > -- > Thanks for being part of "PoliticalForum" at Google Groups. > For options & help see http://groups.google.com/group/PoliticalForum > > * Visit our other community at http://www.PoliticalForum.com/ > * It's active and moderated. 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