Monday, January 14, 2008

Social Security Facts

Perhaps we should think about fixing this mess before we add to entitlements and the deficit as per Hillary's plan to keep us from "sliding into recession" by bailing out Wall Street.
Not a sermon, just a thought.

FYI - Just in case some of you aren't aware of this! Its easy to check out if you don't believe it. Be sure and show it to your kids. They need a little history lesson on what's what regarding our Social Security.


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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 fir st $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.



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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:


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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 democratic
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 doing all this lying and thieving and violating
of 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!



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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.

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