I got this in an e-mail today and since I don’t have a large number of people in my address book I thought I would type it here so it can be spread to a bigger audience. This is typed directly from the e-mail since I have no clue how to paste or link. I leave that kind of thing to my 12 year old daughter but she is in school right now here it goes.
History of Your Social Security
Just in case some of you young whippersnappers (& some older ones) didn’t know this. It is easy to check out, if you don’t 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 a Democrat or Republican. Facts are Facts!!!
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 $1400. of their annual incomes into the program.
Now 7.65% of the first $90,000.
3. That the money the participants elected to put into the Program would be deductible form their income for tax purposes each year.
No longer tax deductible.
4. That the money the participants put into the independent “trust fund” rather into the general operating fund, and therefore, would only be used to fund the Social Security Retirement Program and no other Government program.
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 and Gore up to 85% of your Social Security can be taxed.
Since many of us have paid into FICA for years and are now recieving a Social Security check every month– and then finding that we are getting taxed on 85% of the money we paid to the Federal govenment to but away– you may be interested in the following;
Q. Which Political Party took Social Security from the Independent “Trust Fund” and put 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 started taxing Social Security?
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 USA.
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 recieve Social Security payment. The Democratic Party gave these payments to them even though they never paid a dime into it!
Then , after viloating the original contract (FICA) the Democratics turn around and tell you that the Republicans want to take your Social Security away. And the worst part about this is uninfomed citizens believe it!
If enough people receive this, maybe a seed of awareness will be planted and maybe changes will evolve. Maybe not, some Democratics are awfully sure of what isn’t so. But it’s worth a try.
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!
A government big enough to give you everything you want, is strong enough to take everything you have.
Thomas Jefferson.
That’s the whole e-mail hope many of you will pass this information along.
Steve Maley
Caleb Howe
Jeff Emanuel