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  1. #1
    Join Date
    Jan 2005
    Location
    North Las Vegas
    Posts
    767

    Dark and best kept secrets about Our Social Security

    Dark and best kept secrets about Our Social Security.

    Many years ago in Seattle, two wonderful neighbors,
    Elliott and Patty Roosevelt came to my home to swim on
    a regular basis. They were a great couple full of
    laughter and stories that today I continue to marvel
    at. Both are now deceased, but their stories remain.
    During the years of our friendship we had many, many
    discussions about Elliott's parents (President Franklin D.
    and Eleanor Roosevelt) and how his father and mother
    never intended for the Social Security and Welfare
    programs to turn out the way they are today. Elliott
    used to say that if his parents returned to earth and
    saw what the politicians had done to their programs
    they would have burned all of them in hell.

    Here is a story I received today regarding the Social
    Security Program and I immediately thought of
    Elliott's comments. I Hope you will read
    this and think about it.
    _____________________________________________

    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 first $1,400 of their annual
    incomes into the Program,

    3.) That the money the participants e lec ted 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

    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?

    This is MY FAVORITE:

    A: That's right! Jimmy Carter! And the Democratic Party of course!
    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!
    ----------------------------------------------------------------------

    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!
    ==============================================


    Ok Where is the Snopes Guy We need real answers ?
    Far better it is to dare mighty things, to win glorious triumphs even though checkered by failure, than to rank with those poor spirits who neither enjoy nor suffer much because they live in the gray twilight that knows neither victory nor defeat. (President Theodore Roosevelt)

  2. #2
    Join Date
    Dec 2000
    Location
    I'm an old cowhand from the Rio Grande
    Posts
    17,089
    Quote Originally Posted by retired btc View Post


    Ok Where is the Snopes Guy We need real answers ?
    http://www.snopes.com/politics/taxes/sschanges.asp
    Gods are fragile things; they may be killed by a whiff of science or a dose of common sense.

    Chapman Cohen

  3. #3
    Join Date
    Jan 2005
    Location
    North Las Vegas
    Posts
    767
    Here we get the whole truth and nothing but the truth.

    http://www.ssa.gov/
    Far better it is to dare mighty things, to win glorious triumphs even though checkered by failure, than to rank with those poor spirits who neither enjoy nor suffer much because they live in the gray twilight that knows neither victory nor defeat. (President Theodore Roosevelt)

  4. #4
    Join Date
    Dec 2000
    Location
    I'm an old cowhand from the Rio Grande
    Posts
    17,089
    ssa.gov. was the source for the snopes article.

    At the bottom of the snopes page are two links to SSA online titled Myths and Misinformation about Social Security.
    Gods are fragile things; they may be killed by a whiff of science or a dose of common sense.

    Chapman Cohen

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