Social Security


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Freakzilla
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Social Security

Post by Freakzilla »

History Lesson on Your Social Security Card

Just in case some of you young whippersnappers (& some older ones) didn't know this. It's easy to check out, if you don't believe it. Be sure and show it to your family and friends. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican. Facts are Facts.

Social Security Cards up until the 1980s expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message, NOT FOR IDENTIFICATION, was removed.

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?


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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lotek
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Re: Social Security

Post by lotek »

interesting, thanks Freak.
Spice is the worm's gonads.
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Crysknife
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Re: Social Security

Post by Crysknife »

http://www.snopes.com/politics/socialse ... hanges.asp" onclick="window.open(this.href);return false;

Who gave us SS in the first place? Democrats! Before SS, 50% of the elderly lived in poverty, now that number is down to 10% thanks to SS.
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ErasOmnius
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Re: Social Security

Post by ErasOmnius »

Everything works fine as long as there is a high birth rate. Social Security, Health Care, Society as a whole. It's now, in the falling and failing West, with its low birth rate, that everything is falling apart -- and it cannot be stopped.

Of course, as you can see Freak, the gov't is going to step up, and set up a limited (hopefully) dictatorship, to guide everyone through this elderly crisis. (Poisoned Orange Juice in Nursing Homes).
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Freakzilla
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Re: Social Security

Post by Freakzilla »

Man, don't get me involved in this...

Oh, wait...
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Paul of Dune was so bad it gave me a seizure that dislocated both of my shoulders and prolapsed my anus.
~Pink Snowman
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